starting a business in australia

15 thoughts
last posted May 12, 2013, 5:20 p.m.

11 earlier thoughts


The good thing about GST is that the economic burden of the tax isn't borne by you - it's borne by the consumer. This works because as a business, you can get 'GST credits' for materials that you buy for making a new product, or (I believe) doing a service. Consumers, not being registered for GST, cannot claim these GST credits.

3 later thoughts