What is fuel tax credits

Posted by By Roger 23 October 2021Posted inBAS, Bookkeeping, Business, Cars, Company, construction, Expenses, Fuel tax credits, Motor vehicles, Record-Keeping, register, Tax Tips

What is fuel tax credits? Fuel tax credits provide your business with a credit for the fuel tax (excise or customs duty) included in the fuel price. If you claim…

The times you cannot claim GST credit

Posted by By Roger 2 February 2021Posted inAssets, BAS, Bookkeeping, Business, Can and Cannot, Company, GST, Record-Keeping

GST credits you cannot claim You can claim GST credits for most business purchases. However, some things are GST-free or that you can't claim for various reasons. If your suppliers…