high volume turnover trader tax question, page-17

"Mate i Had one, and it seems he has cost me tons in missed "gst tax credits" etc by not forming a company sooner"

I really do suggest you do your research further.

You DO NOT have to be a company to register for GST. If you (as a person) carries on a business, you (as a person) can apply to register for GST.

Regarding whether it is advantageous to have a corporate structure, or a discretionary trust, or a partnership, the answer to that will obviously depend on your personal circumstances, niz, you present tax liability, avenues to split income, etc etc. there is no one answer that fits all.

Just my opinion.