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Why Registering for GST Early Benefits Your Business [Video]

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Company Formation

Why Registering for GST Early Benefits Your Business

When starting a new business, your income is initially zero. As you grow and reach a certain threshold, you’ll need to register for GST.

But why wait? If you’re in it for the long term, registering for GST from the start avoids future friction. Changing your accounting system, updating invoices, and notifying clients later creates a perception that you’ve raised prices when you’re simply adjusting for GST.

Start charging GST from the beginning to seamlessly claim it back on expenses and avoid client confusion. My recommendation: register for GST from day one.

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