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| Thread ID: 85142 | 2007-12-01 03:17:00 | A new bank fraud scheme with a difference. | nrrrta (11415) | PC World Chat |
| Post ID | Timestamp | Content | User | ||
| 616874 | 2007-12-11 20:35:00 | It's actually RWT (Resident Withholding Tax), not GST . And if you are self-employed, and your banking activities attract RWT and/or Bank Fees, these can be legitimate business expenses and are therefore tax-deductible . As an employee of course, you're pretty much stuffed . . . . :( |
johcar (6283) | ||
| 616875 | 2007-12-12 04:01:00 | It's actually RWT (Resident Withholding Tax), not GST. And if you are self-employed, and your banking activities attract RWT and/or Bank Fees, these can be legitimate business expenses and are therefore tax-deductible. As an employee of course, you're pretty much stuffed.... :( isn't there GST on the fees also? so RWT and GST:yuck: yet no capital gains, so it's no wonder people invest in property and force values out of reach of the younger generation |
motorbyclist (188) | ||
| 616876 | 2007-12-12 04:36:00 | isn't there GST on the fees also? so RWT and GST:yuck: yet no capital gains, so it's no wonder people invest in property and force values out of reach of the younger generation I'm fairly sure there is no GST on bank fees. |
george12 (7) | ||
| 616877 | 2007-12-12 09:09:00 | There is no GST on bank fees - they are classified as a financial transaction and are therefore exempt (much to Mr Cullen's disgust) | johcar (6283) | ||
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