Streamlined GST Registration for your Business
Take the guesswork out of your tax obligations. We provide fast and accurate ABN and GST registration services for new and growing businesses across Doncaster and Manningham.
Demystifying GST for Your Business
Understanding Your Goods and Services Tax Obligations.
As a business owner, understanding your tax responsibilities is crucial. One of the first hurdles is often the Goods and Services Tax (GST) – knowing if, when, and how you need to register can be confusing. We’re here to make it simple. Our job is to provide clear advice and handle the entire GST registration process for you, ensuring you are compliant from day one.
Our GST & ABN Registration Services
A Simple, End-to-End Registration Process
We manage the entire registration process to ensure it’s done correctly and efficiently, saving you time and preventing future headaches.
Before we do anything, we’ll discuss and determine whether you’re required to register for GST based on your turnover. We’ll also discuss the pros and cons of registering voluntarily if you’re below the threshold, so you can make an informed choice.
For new ventures, we can manage your ABN and GST registrations together to make the process seamless. We’ll handle the process of registering your business for GST with the ATO, ensuring all details are correct, whether you’re a sole trader, a partnership, or a new company.
We’ll provide practical advice on whether you should account for GST on a cash or accrual basis – a crucial decision that impacts your cash flow and future reporting requirements.
Eligibility Assessment
Before we do anything, we'll discuss and determine whether you're required to register for GST based on your turnover. We'll also discuss the pros and cons of registering voluntarily if you're below the threshold, so you can make an informed choice.
Combined ABN & GST Registration
For new ventures, we can manage your ABN and GST registrations together to make the process seamless. We'll handle the process of registering your business for GST with the ATO, ensuring all details are correct, whether you're a sole trader, a partnership, or a new company.
Advice on GST Accounting Methods
We'll provide practical advice on whether you should account for GST on a cash or accrual basis - a crucial decision that impacts your cash flow and future reporting requirements.
Who Needs to Register for GST?
Understanding the Registration Thresholds
You are required to register for GST if:
- Your business has a GST turnover (gross income minus GST) greater than the threshold set by Federal Law.
- You provide taxi or limousine travel for passengers (including ride-sourcing services), regardless of your turnover.
Not for profit organisations benefit from a higher threshold. The current threshold have been in place for many years but may change.
Even if you don’t meet the threshold, you can choose to register voluntarily. This can be beneficial as it allows you to claim GST credits on your business purchases. We can help you decide if this is the right move for your business.
Why Use an Accountant for GST Registration?
Get it Right from the Very Beginning
While it’s possible to register on your own, partnering with an accountant offers significant advantages:
Avoid Common Errors:
Mistakes in your application can lead to delays and compliance issues down the track.
Save Valuable Time:
We handle all the paperwork and ATO correspondence so you can focus on building your business.
Strategic Advice:
We ensure you are set up correctly from the start, including choosing the right accounting method for your needs.
Peace of Mind:
Know that your registration is handled correctly by a registered tax agent.
Local Expertise for Doncaster & Manningham Businesses
Guidance from a Team That Knows Your Local Market
When it’s time to register your company for GST, it helps to have a local expert who understands the needs of businesses in our community. We provide straightforward, practical advice to startups and established businesses across Doncaster and the wider Manningham area.
Testimonials
What Clients Say About Us
Ready to Get Your Business Set Up?
We have been dealing with this business for over 25 years. We have received practical and solid advice regarding our business partnership, taxation options & personal financial situations. The staff are very pleasant, professional & friendly & create an atmosphere of trust.
Dennis & Heather B