Home – New Forums Money matters Everything is ready to go.. except tax. Reply To: Everything is ready to go.. except tax.

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TomLux
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Thanks so much for your reply! So prompt aswell. In regards to “Anything that goes into the income tax calculation must be stated in x GST amounts.” Just to clarify, that means that my income tax calculation does not include the GST that i collected for the ATO, the $13500? What about the GST that i paid for my goods, the $500, how does that get deducted from my GST bill, and do i pay income tax on it?