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| Thread ID: 117403 | 2011-04-17 01:26:00 | GST Questions | czar (16341) | PC World Chat |
| Post ID | Timestamp | Content | User | ||
| 1195082 | 2011-04-17 01:26:00 | Hi all, I don't want to be gst register, I know the total income you can earn without being gst register is $60k nz. Could I put $60k through my personal name and $60k through my company to avoid being or claiming gst? Being gst register is a pain ....if I'm not claim it why do I have to be gst register? Cheers |
czar (16341) | ||
| 1195083 | 2011-04-17 01:37:00 | One very simple question. Are you charging GST in your prices, if yes then you HAVE to register. Also one other thing to consider, invoices & receipts. DONT try and cheat on the IRD - simply put if you do and your caught it wouldn't be good for you, they would go through you with a fine tooth comb - and it would end up costing you in the end. GST is not hard at all, whats the big deal. Its called book keeping. Open This gst form from IRD (www.ird.govt.nz) - it has a yes/no options, that will tell you whats what. |
wainuitech (129) | ||
| 1195084 | 2011-04-17 01:37:00 | Haha, IRD will love this. | pctek (84) | ||
| 1195085 | 2011-04-17 01:38:00 | Not sure that this is the best place to ask advice on tax-dodging... | inphinity (7274) | ||
| 1195086 | 2011-04-17 02:04:00 | hi thanks for you replies I just hate doing gst, every 2month or 6month. It's pain in the bum. I don't get if your not claiming it why should I have to pay it. Stupid system. Thanks for you commets. |
czar (16341) | ||
| 1195087 | 2011-04-17 02:20:00 | Why aren't you claiming it, think about it GST on power, rates or rent, vehicle costs etc, etc. you can save. All for a few minutes work every 2 or 6 months. Crazy not to I say. | Arnie (6624) | ||
| 1195088 | 2011-04-17 04:24:00 | Why aren't you claiming it, think about it GST on power, rates or rent, vehicle costs etc, etc. you can save. All for a few minutes work every 2 or 6 months. Crazy not to I say. When GST was just starting I looked at it and was going to make a grand profit of about $200. It just wasn't worth it when you take your time into account and the extra accountancy fees. It is also a real dog to de-register. |
mikebartnz (21) | ||
| 1195089 | 2011-04-17 04:27:00 | Hi all, I don't want to be gst register, I know the total income you can earn without being gst register is $60k nz. Could I put $60k through my personal name and $60k through my company to avoid being or claiming gst? Being gst register is a pain ....if I'm not claim it why do I have to be gst register? Cheers If you are earning over $60000 you have no choice and the IRD would not look kindly at what you are suggesting. |
mikebartnz (21) | ||
| 1195090 | 2011-04-17 07:34:00 | The 60k thresold has nothing to do with what you earn from your business activity if your turnover is more than $60k you are required to be registered for GST www.ird.govt.nz | WayneMiddy (14028) | ||
| 1195091 | 2011-04-17 10:13:00 | You get no sympathy from me. If you have a business of that size and don't want to file GST returns I can only imagine what other rules you are knowingly failing to apply. People like you are why the rest of us have to pay so much. | wotz (335) | ||
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