Do you have a bill to pay for your business and you’re not sure how the GST works on the stamp duty part of the expense? Are you also wondering how to account for the transaction in Xero so the right information goes through to your BAS return? Because stamp duty is outside GST law,…
Have you purchased an asset for your business and you are wondering how GST works on the stamp duty you’ve paid? And are you wondering how to account for the transaction in Xero so the correct information flows through to your BAS return? Because stamp duty is outside of GST law, you need to make…
There are lots of times you will pay a bill or get a receipt from spending some money only to find that the amount of GST you’ve been charged is not 10% of the total. Usually when this happens, the amount of GST is less than 10% of the total amount of money you’ve spent….
If you give gift cards or vouchers to your employees as a reward for their hard work, you may be wondering how to properly account for the GST in Xero. Well, it’s easier than you may think! Buying a gift card and giving it to an employee is different to buying them a physical gift….
