Do I need to pay GST on the sale of my business?
If the sale is of a business as a Going Concern, it may be GST-free.
If it’s not a Going Concern like only assets or parts of the business are sold, then GST may apply to the sale.
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If the sale is of a business as a Going Concern, it may be GST-free.
If it’s not a Going Concern like only assets or parts of the business are sold, then GST may apply to the sale.