Small business GST changes overview
Important GST changes announced in the 2007-08 Budget are designed to give small businesses more flexibility and an easier-to-use, less complex tax system.The key GST changes that apply from 1 July 2007 are as follows:Increase the GST registration threshold from $50,000 to $75,000 for businesses, and from $100,000 to $150,000 for non-profit bodies.Increase the threshold [...]