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Oxana's avatar
Oxana
Member
3 years ago

How to allocate government levy

Hi all. 

I am totally new here (started running a small business) and learning everything from scratch.

I received an invoice from the Department of Home Affairs for TSS-SAF Levy Small Business Turnover and Nomination - Temporary Skill Shortage.

 

How and where should I record it?

 

Tia

1 Reply

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  • Hi Oxana 

     

    Thanks for your post and welcome to the Community Forum.

     

    From a software perspective, if you need to pay a levy you could record a Spend money transaction or a Bill transaction. These Help Articles have detailed information on recording those transactions:

    Spend money

    Create bills

     

    You will need to speak to your accountant about the account to allocate the levy to and the tax code. 

     

    Please let me know if you need further help.

     

    If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.

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