What report do I run for the GST turnover required by ATO for the Jobkeeper? We are a P&C and are not registered for GST. TY!

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Wanting to ensure I have reported the correct figures to the ATO and at the moment we do not have an accountant to ask this question of.  We a re a school P&C and my background on accounting is very basic.  We arent registered for GST, so when I try to run the report I think I should be using it isnt pulling any data.  Any help would be greatly appreciated!!
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Kristen

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Posted 2 months ago

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Tanya Briggs, Accredited Partner

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The figure they'll want is your sales figure.  Have a look at the profit and loss report.
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Kristen

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Thanks Tanya, so the figure from that report would be the Net Position for the period we are claiming jobkeeper?  There is so much information out there I have completely confused myself.  
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LyndaC

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Hi Kristen

Print off your Profit and loss making it only for the month of April.

Your Turnover figure is the Income figure for the month.

Then you need to estimate what your turnover will be for the next month.

Hope this simplifies the explanation for you.
 
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Rhys Timms

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Hi Kristen.  

Sorry about the impacts this Covid thing is having on our community.  In repsect of your school P&C committee, you do not need to be registered for GST.  The GST turnover the ATO quote is defined  here :

https://www.ato.gov.au/General/JobKeeper-Payment/In-detail/Applying-the-turnover-test/?anchor=Basictest#Basictest

In summary, as Tanya says, run the "P&L report" for this period, versus the corresponsing period - and this should be sufficent evidence your association has suffered a reduction in income due to the covid impacts.