Home Forums Starting your journey GST – the missing answer Reply To: GST – the missing answer

  • Total posts: 2

Thank you for replying Rowan. :)

The one issue we currently have is that we agreed on an hourly rate with one of our customers and he is now pushing for us to be registered for GST but wont budge on the hourly rate. This would mean we will lose out as we will need to pay the GST whilst he will be better off due to claiming the GST on the original rate agreed upon. As this is currently our main income whilst we build up customers this will have a bit of an impact.

So if we dont register until we build up our customer base we are in front but if we would then need to back pay GST on invoices we have not charged GST on it will have a negative impact.