When do I need to register for GST?

GST is compulsory if:

  • Your projected business turnover for the current month and the next 11 months exceeds a $75k threshold
  • You currently exceed the $75k threshold
  • You provide taxi travel for passengers in exchange for a fare as part of your business, regardless of your GST turnover. This rule applies to both taxi owner drivers and those who rent a taxi

GST registration is voluntary if your business turnover is less than $75k.

GST turnover is your business’s gross income, not your profit.

Check out our full blog to learn more about GST obligations and payment periods.