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Old 09-04-2003, 07:48 AM  
rowan
Too lazy to set a custom title
 
Join Date: Mar 2002
Location: Australia
Posts: 17,393
invertiga - get an ABN, GST is relatively easy to calculate (once you learn how). If you're like me and all of your income is from USA sponsors, then you pay no GST (since you are not collecting any), and you get back the GST portion of deductable costs like internet access. Just remember that you must only claim the portion that is for business use.

If you're earning more than $1k per year from non salary sources then you're probably already paying tax installments each quarter?
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