GST is a 10% tax on most goods and services designed to be paid for by the end consumer. As a business, you are obligated to register for GST once certain conditions are met. When registered for GST, businesses must collect GST on top of sales they make, except for the sale of GST-free items. This GST…

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Gift cards and vouchers are a common option businesses offer to add an extra revenue stream from customers. They allow you to receive money from the sale of your products before the product has been purchased. This makes them a great option for injecting more cash into the business, improving cashflow.   As more businesses are considering offering gift cards it…

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