GST on ticket prices?
Tue, 7 Dec 1999, 07:17 pmGrant Malcolm11 posts in thread
GST on ticket prices?
Tue, 7 Dec 1999, 07:17 pmIn the light of the current controversy over registered charities and the GST, i couldn't help wondering what companies were planning to do with respect to ticket prices.
My limited understanding is that there will be no requirement on community theatre companies to charge GST on their tickets unless they have a turnover of $100,000 or more. Can anyone confirm this?
Clearly theatre companies will be paying GST on all their inputs, so they'd be crazy not to consider passing on this expense.
Thoughts?
Cheers
Grant
My limited understanding is that there will be no requirement on community theatre companies to charge GST on their tickets unless they have a turnover of $100,000 or more. Can anyone confirm this?
Clearly theatre companies will be paying GST on all their inputs, so they'd be crazy not to consider passing on this expense.
Thoughts?
Cheers
Grant
RE: GST on ticket prices?
Tue, 9 May 2000, 03:59 pmHi Terri
As far as I beleive if you do not register for the GST you cannot charge it to the customer, however you will have to pay it out of your own coffers on each transaction - I don't know if this effects Incorporated Associations as they do not pay Tax anyway!
But there again I am only an 'Techie' and would be presumed to know nothing about 'IT'
Chookas
Joe
As far as I beleive if you do not register for the GST you cannot charge it to the customer, however you will have to pay it out of your own coffers on each transaction - I don't know if this effects Incorporated Associations as they do not pay Tax anyway!
But there again I am only an 'Techie' and would be presumed to know nothing about 'IT'
Chookas
Joe
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