If you carry on an enterprise, you must register for GST if your GST turnover is $75,000 or more.
However, most SMSFs don’t have to register for GST because most SMSFs mainly make input-taxed supplies, which don’t count towards your GST turnover. Input taxed supplies include financial supplies and supplies of residential premises by way of rent or sale.
However, you may choose to register for GST.
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