If you’re planning on starting a business or you’ve already started one, you may be wondering if you should be registered for GST. Many business owners think it’s a requirement to be registered for GST. This is not quite true – if your turnover is likely to be or exceed $75,000 per year, then yes, your business needs to be registered for GST. However, if it’s less than $75,000 per year, then registering for GST is optional. If your business has not reached the required level