When to Register & De-Register for GST

Should you register for GST as soon as you reach the $75,000 threshold? Or before? Get tips for optimising GST coming in and out.

In this session, we cover:

• Why was GST introduced in 2000?

• Step 1: Who can register for GST?

  • Entities

  • Partnerships

  • Joint ventures

• Step 2: Carrying on an enterprise

• Step 3: When do entities register?

  • When you must register?

  • When you can choose to register?

  • Turnover

• Cancellations

  • Capital assets and termination of enterprise

• Exceptions and ‘quirky bits and pieces’

• Commissioner’s obligations and discretions?

Date recorded: 3 December 2024