Two Business

This discussion explores the possibility of filing two separate businesses on an income tax return, one registered for GST and another intended solely to boost sales. The consensus suggests that directly operating an unregistered business alongside a GST-registered one can lead to complications. If income from the unregistered business is discovered during assessment, it may be treated as taxable under GST, incurring penalties and interest. Alternatives like keeping the second business off the record or registering it under a family member's name are suggested to avoid these issues.