Home – New Forums Money matters Going GST Registered after starting non-registered Reply To: Going GST Registered after starting non-registered

  • Total posts: 297

Thanks everyone for your comments as always. It kind of reflects what I was thinking.

Our plans have changed dramatically since we first spoke to our accountant – business was going to be in a different format which would have been lower turnover however now that we are much closer to launching and I have done a revised budget I have realised that our turnover at least may very quickly jump over the threshold – hence the rethink over registering.

I’m not too concerned about doing BAS as I’ve done it before and it’s really not that onerous. It was more that we wouldn’t need to be registered and without huge amounts of upfront expenses being able to claim the GST wasn’t that critical either.

Think I’ll add this to my list to do now…