Tax code for Facebook ads

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HINTPHYSIO
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HINTPHYSIO
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Tax code for Facebook ads

Hi all. Just wondering what tax code I use for payments to Facebook Ads or other overseas companies who don't charge GST

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U3ANetworkVic
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U3ANetworkVic
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Re: Hi all. Just wondering what tax code I use for payments to Facebook Ads or other overseas companies who don't charge GST

GNR - if there're not registered for local gst

Ultimate Partner ronatbas
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ronatbas
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Re: Hi all. Just wondering what tax code I use for payments to Facebook Ads or other overseas companies who don't charge GST

@U3ANetworkVic@HINTPHYSIO

 

It is most certainly not GNR. GNR (GST Not Registered) is for a local entity with an ABN who is not turning over more than $75K per annum.

The correct treatment is N- T (Not Reportable for GST purposes)

 

Ron B
BAS Group
03 95588477

info@basgroup.com.au
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