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Brendan the Bookkeeper
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Gerri,

As a B&B buying new sheets and new kettles would seem to be a weekly occurence, depending upon the type of people that frequent your B&B!

But to answer your question – new sheets and new kettles for use inside your B&B and for your customers to utilise all form part of your running expenses for your business. Without bedsheets where would your customer sleep?

Not being registered for GST is not a problem at all, just record the expenses as usual in E-Record and when E-Record automatically calculates the GST on the expenses, delete the GST amount calculated. This leaves it at the GST Inclusive amount with which you’ll be wanting to claim as a deduction on your tax return at the end of the year.