There are two main methods of accounting for GST. The Invoice Method Under this method, you account for GST when you make a sale of goods or services and you claim a credit when you purchase goods or services. In…
Overseas travel expenses
Overseas travel expenses are business expenses in the right circumstances. But there must be a clear connection between the expenses and the generation of revenue for your business. A business purpose must be a dominant, not just incidental, reason for…
