In This Chapter
Getting your head around how GST works
Deciding whether to register for GST, and what boxes to tick if you do
Forging neural pathways with amazing feats of multiplication and division
Applying this strange and wonderful tax to real-life situations
Setting up tax codes in your accounting software
Keeping your nose squeaky clean
Making sure your paperwork is up to scratch
Holey moley. As part of researching this chapter, I decided to download ‘The Simple Guide to GST’ from the Australian Taxation Office website, along with its twin sister equivalent from Inland Revenue in New Zealand. Many hours and 168 pages later, I was left with a strange sensation that I couldn’t quite put into words.
Then in the night it came to me. Obfuscation was the ...