First Principles of Business Law
Business organisations in Australia

2. Sole traders

Question 10. Must a sole trader register for GST purposes?

 

 

 

Read the statements below and select the best one.

(a) A sole trader whose business generates an annual turnover of more than $75,000 must register for GST purposes.

(b) A sole trader whose business generates an annual turnover of more than $50,000 must register for GST purposes.

(c) A business operated by a sole trader need not register for GST purposes, whatever its annual turnover.

 

 

 

 

 

 

 

  
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