Jgutta91Member2 years agoGST/deposits I am trying to understand how a client is working their books. So they issue out an invoice to a client for future work and receive a deposit against this invoice. He allocates the entire invoice...Show More
DuncanSUltimate Partner2 years agoJgutta91 Have a talk to a Tax Accountant. GST is payable on a Taxable Supply.Is a Deposit a Taxable Supply? - depends on the facts. Have a read of the Arthur Murray Tax Case. Your questions are complex and best answered by the Tax Accountant. Duncan
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