Question
Are the following people required to register for GST purposes: The expected annual turnover of a grocer is $250,000 pa. The expected annual turnover of
The expected annual turnover of a hairdresser is $45,000pa.
The expected annual turnover of a taxicab operator is $30,000pa.
The expected annual turnover of a video repair operator is $47,000pa. However, it sells shop for $350,000 in that year.
REQUIRED:
Briefly explain why and what they need to do to register for GST.
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The requirement for GST registration varies based on the annual turnover of a business Lets analyze each case 1 Grocer with an expected annual turnove...Get Instant Access to Expert-Tailored Solutions
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Canadian Income Taxation 2018-2019
Authors: William Buckwold, Joan Kitunen
21st Edition
1259464296, 978-1259464294
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