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I started a small business in the last financial year (2019/2020) and have charged GST as the intention was to do this as my fulltime job and thus earn over $75,000. Alot of things have changed and I have not gotten even sclose to $75000 nor did I register for GST purely by mistake.
What should I do now? Do I pay back any GST charged to clients? Should I register for GST for last year. I have had to become a carer so this business is just sitting there.