GST

The University of Sydney is registered for GST and has an Australian Business Number (ABN) which includes all University foundations, centres and institutes not separately incorporated.

The University’s ABN is: 15 211 513 464.

On GST taxable items, the University must charge GST for the goods and services it provides and claim GST charges back for the goods and services it acquires.

The University lodges its Business Activity Statement monthly with the Australian Taxation Office (ATO) through Financial Services. The BAS return consolidates all University taxation transactions, including total salary, wages and other payments paid under the PAYG system, GST and FBT quarterly instalments.

The GST component is charged to a central account, therefore local accounts are net of GST.

Valid tax invoices must support all transactions which include GST.

For further details, please refer to the University’s GST Guide.