GST Invoices and Taxpayer Information

Learn how to ensure that your taxpayer information is correct and up to date.

Taxpayer Information

Do non-profit organisations receive a tax invoice?

Yes. Regardless of your business type or classification, Square will provide you with a GST tax invoice if you’ve processed card payments through Square in the previous month.

Does Square report my transaction data to the Australian Taxation Office (ATO)?

Yes. New legislation, introduced by the ATO, came into effect on 1 July 2017 establishing a new reporting system for business transactions made through all third party payment systems operating in Australia. This legislation requires ALL Australian payment processors - including Square, banks and other payment providers - to report card transactions where a business has received a payment or provided a refund to a customer.

How do I update my account so it’s reported under my business name?

To receive an updated tax invoice, update your business taxpayer information by heading to the Receipt section in your Square Dashboard. After editing your information and clicking Save, the Tax Invoices section should automatically update. You can confirm this by downloading an invoice. 

How do I receive a corrected tax invoice for a prior tax year?

If you need a tax invoice from a prior tax year corrected, update your business taxpayer information by heading to the Receipt section in your Square Dashboard and then contact us.

ABN/ACN

If you are signing up for a Square account as a business or a company, you must use the true and accurate name of your business or company and supply the correct details of its Australian Business Number (ABN) or Australian Company Number (ACN). This name will appear on your customers’ credit or debit card statement for all payments you accept.

How can I apply for an ABN?

Learn about how to apply for an ABN from the ABR.

Merchant ID Number

While Square is a credit card processing company, we aren’t a typical merchant service. We don’t supply our account holders with individual merchant ID numbers, but your business is still designated as a merchant with Square.

Read more about GST Invoices.