Home – New Forums New here? Share your story Gst help please

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  • #991023
    bluestreak
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    HI,
    I currently operate one business as a sole trader that is gst registered.
    I plan on setting up a second separate business also with the sole trader structure,so I will use the same Abn.
    If the second business does not turn over more than 75k is this then exempt from collecting gst or is it required to because it uses the same abn.
    Any help would be great.
    The second business will be selling online mainly overseas so I want to avoid Gst to stay competitive

    #1179608
    ThexArm
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    $75k limit is for ABN number not for business.

    In your case if you sell overseas then you don’t charge GST on those sales. GST is only charged for any good and services provided in Australia.

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