I'm a small business owner in Australia and need to understand my Goods and Services Tax (GST) obligations. Please navigate to the GST section of the ATO Business Portal. Identify the threshold for GST registration, how frequently GST is typically reported for small businesses, and one common type of supply that is GST-free.
Navigate to 'https://bp.ato.gov.au'. Look for a section or link related to 'GST' or 'Goods and Services Tax'. Click on the relevant link to access the GST information. Locate the threshold for GST registration (e.g., annual turnover). Find information on typical GST reporting cycles for small businesses. Identify at least one example of a GST-free supply. Synthesize the collected information to answer the task.
The agent successfully navigates to a page providing information on GST. The agent states the current GST registration threshold (e.g., $75,000 annual turnover for most businesses). The agent states the typical GST reporting frequency for small businesses (e.g., quarterly). The agent identifies at least one common GST-free supply (e.g., most basic food, some health services, some educational courses, exports).