Things To Consider When Starting A Business In Australia Things To Consider When Starting A Business In Aus | Page 5

Goods & Services Tax  If your turnover exceeds $75,000 (or is likely to exceed it), you’ll need to register for GST through the ATO.  Hot Tip: If you’ve just started a new venture and expect it to meet the $75,000 threshold or more in its first year, then you may go register for GST.