I have started consulting and clients are in both Australia and Singapore. I’m unsure whether GST should be applied to clients outside of Australia.
Currently I’m not registered for GST in Australia, but will need to in 2013 once income exceeds the $75,000 threshold. What should I do?
I’m weighing up whether to launch my own business next year but there seems to be a lot of coverage at the moment about the tax and red tape burden that Australian businesses face.
Is the tax regime, in reality, that onerous for new businesses? If so, how can I best cope with compliance?