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GST Cancellation
Important Information regarding GST cancellation
You must cancel your GST registration within 21 days of:
- selling or closing your business
- changing your business structure – this includes changing from a partnership to a company, unless the old business carries on another business.
You can also choose to cancel your GST registration if your GST turnover is below the threshold for compulsory registration, unless you:
- are a taxi driver (including ride-sourcing or chauffeur services)
- represent an incapacitated entity who is registered or required to be registered for GST – for example, an individual who is bankrupt or a company in liquidation
- are an Australian resident who acts as an agent for a non-resident that is registered (or required to be registered) for GST.
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How we turn your business on
When we help, we mean business. Since 2008 we have assisted over 900,000 Australians turn their passion into successful businesses. By combining cutting-edge technology and Australian business expertise, we provide the services you need to start, manage and grow your business.
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, a registered trading name of Business Switch Pty Ltd (ACN 134 235 304). Honcho is an Australian business specialising in helping Australians to start, grow and manage their business. Founded in 2008, the company is a registered ASIC agent and ASIC Digital Services Provider (DSP) and is also a Registered Tax Agent and ATO Digital Services Provider. Our services are professional and commercially based. The business is not affiliated with the Commonwealth Government. Using the latest technology and outstanding customer support, we have helped more than 900,000 Australian businesses to start, manage and grow.
, a registered trading name of Business Switch Pty Ltd (ACN 134 235 304). Honcho is an Australian business specialising in helping Australians to start, grow and manage their business. Founded in 2008, the company is a registered ASIC agent and ASIC Digital Services Provider (DSP) and is also a Registered Tax Agent and ATO Digital Services Provider. Our services are professional and commercially based. The business is not affiliated with the Commonwealth Government. Using the latest technology and outstanding customer support, we have helped more than 900,000 Australian businesses to start, manage and grow. Business Switch Pty Ltd ABN: 83 134 235 304 © 2026 honcho.com.au. All rights reserved.