DO YOU NEED TO REGISTER FOR GST?

 

If your business has grown you may need to register for Goods and Services Tax (GST).  You will need to register for GST if your GST turnover is more than $75,000 per annum.  Your turnover should be continuously monitored as you must register for GST within 21 days of exceeding the threshold.

Click on this link to find out more:

https://www.ato.gov.au/Newsroom/smallbusiness/GST-and-excise/Should-you-register-for-GST-/

Please contact Andrew Marshall or Janine Orpwood at Langley McKimmie Chartered Accountants on (03) 5427 8100 to discuss further.

We provide accounting and wealth management services to clients in Woodend, Gisborne and Macedon Ranges areas within Victoria Australia.