Do You Need to Register for GST?

Many small business owners are unsure when GST registration becomes mandatory.

You Must Register If:

• Your turnover exceeds $75,000

• You operate a taxi or rideshare business

• You want to claim GST credits

Pros and Cons:

• Pros: Can claim input tax credits

• Cons: More admin work and quarterly reporting

Our team at Godspeed can review your income and help you determine if GST registration makes sense—or if you’re required by law.