The low down on GST and your small business
When you set up a new small business, you’ll have the option to register for GST. Here’s what you need to know about this responsibility. The first thing you should do is decide whether you’ll register for GST immediately or wait until you hit the earning threshold of $75,000. When you start a new business, you might not be entirely confident of your projected earnings, so it’s fine to hold off until you’re sure you’ll hit the threshold. Once you do reach $75,000, you have 21
