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Poolz
Member
  • Total posts: 6

Thank you for your help! I have not register for GST and understand that tax. It was just the income tax which threw me a bit! So let’s say I buy a product off a supplier for $100 and sell for $200. Do I only pay tax on the profitable amount or for the whole sale of $200? Just so I know what to work my percentage out on!

Cheers