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GST credits

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Newbie

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Hi,

 

At the moment my business is not registered for GST because I don't expect to exceed the threshold. In the event that I do, will I be able to claim credits for the GST on the equipment purchased before I registered for GST?

 

Thanks. 

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Master

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If you backdate the GST registration to when you made those purchases yes you can
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Best answer

Master

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If you backdate the GST registration to when you made those purchases yes you can

Community Support

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Hi @Slartibartfast3,

 

It appears we've had similar questions about this before. Have a look at this thread - the information in the answer provided should help you with your GST obligations.

 

Thanks, @NelsonS

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