View Single Post
Old 09-04-2003, 07:55 AM  
mGreg
Confirmed User
 
Join Date: Mar 2002
Posts: 602
Quote:
Originally posted by rowan
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.
That is exactly what my accountant has told me to do.
mGreg is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote