Come-By-Chance is a newly created proprietorship owned by Charlie Chance and it has a December 31 year end. It operates white-water rafting trips along the Bow River in Alberta and has not registered to collect the GST. The business is seasonal, with the following trip fees received in 2018:

June $ 5,200

July 13,400

August 9,500

Total 2018 Revenue $28,100

To date, revenue received in 2019 is as follows:

May $ 1,300

June $ 6,200

Required: 

Advise Come-By-Chance if registration for the GST is required and include the reasons for your answer. If required, state when GST collection should start and by what date registration must be completed.

Answer rating: 100% (QA)

Based on the information provided it appears that registration for the Goods and Services Tax GST is ... View the full answer