Small Business Initiatives- Budget 2007
The Government has announced the following small business changes in the May 2007 Budget:From 1 July 2007, a business with annual turnover of less than $75,000 ($150,000 for non-profit bodies) will no longer be required to register for GST.From 1 July 2008, taxpayers who voluntarily register for GST will be able to pay their PAYG [...]