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dan303
Level 1

How to cancel GST registration

Our business is no longer registered for GST with the ATO.


In Tax settings - the option to untick GST is grayed out:

https://imgur.com/a/eS8Wviu

 

How can I go ahead and remove GST reporting from quickbooks?

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Best answer September 07, 2022

Best Answers
IntuitSheila
Level 8

How to cancel GST registration

Hello dan303,

 

Thanks for posting in the Community!

 

Once the GST is turned on and set up in QuickBooks Online we're unable to turn it back off. You'll have to set your default tax rate to Out of scope in your company settings to not calculate GST on your transactions. Let me guide you on how:

 

  1. Click on the Settings icon.
  2. Click on Account & Settings, and click on the Advanced tab.
  3. Under the Accounting section, set Default tax selection to Out of scope.
  4. Click on Save and Done.

You can also check this link to learn more about How do I turn off GST?.

 

Post again in the Community if you have more questions. I'll be around to help you!

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3 Comments 3
IntuitSheila
Level 8

How to cancel GST registration

Hello dan303,

 

Thanks for posting in the Community!

 

Once the GST is turned on and set up in QuickBooks Online we're unable to turn it back off. You'll have to set your default tax rate to Out of scope in your company settings to not calculate GST on your transactions. Let me guide you on how:

 

  1. Click on the Settings icon.
  2. Click on Account & Settings, and click on the Advanced tab.
  3. Under the Accounting section, set Default tax selection to Out of scope.
  4. Click on Save and Done.

You can also check this link to learn more about How do I turn off GST?.

 

Post again in the Community if you have more questions. I'll be around to help you!

Alex_Business_Man
Level 1

How to cancel GST registration

Hi! I have set up GST as mentioned here out of scope, but all my Sales Receipts still have a GST. Can you please find a solution for how we can simply turn off / on GST if needed? I have canceled a GST and now my QBO account is a mess. Thanks.

IntuitSheila
Level 8

How to cancel GST registration

Hi there,

 

Thanks for posting in the Community. 

 

Turning off GST in QuickBooks Online is unavailable at this time. You'll have to edit each transaction and set the tax code to Out of Scope. That way, there's no GTS calculated and reported in your BAS.

 

If you have an accountant that has QuickBooks Online for Accountants, you can add them as an accountant user in your QBO account, and they can help you reclassify your transactions at once to the correct GST code.

 

Please let me know if you have any additional questions. I'm always willing to assist.