Step 1 of 14
Annual Earnings refers to the total profit a business makes in one year after all expenses, including operating costs and taxes, have been subtracted from the total revenue generated.
Ensure Compliance to Avoid GST Penalties and Financial Risks.
Businesses in Australia meeting the GST registration threshold must register for Goods and Services Tax (GST). Failure to comply can lead to penalties imposed by the Australian Taxation Office (ATO). Understanding and fulfilling your GST obligations is crucial to avoid financial penalties and ensure regulatory compliance.
i.e when you were a sole trader -or- from your personal bank account.
(If you don't own a car, leave this field empty)
If you don't know for sure, enter your best estimate
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