Can some one please help me, I have received a wage subsidy from the Govt

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  • Updated 2 years ago
I cant seem to work out where to report it in Reckon, I need the GST on it  to be picked up with the BAS.  
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Tereza Pepping

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Posted 2 years ago

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Charley van Rotterdam

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Sales receipt with sales item as wage subsidy but be careful some subsidies don't always have GST, ask the agency (not that they always know either)
(Edited)
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Kevin Russell, Accredited Partner

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A wage subsidy with GST. Hmmmmmm.I tell ya I cant see it
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Tereza Pepping

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Definitely has GST, it's a Recipient Created Tax invoice
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Tereza Pepping

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Definitely has GST, it's a Recipient Created Tax invoice
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Kevin Russell, Accredited Partner

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Whom is the payer?
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Tereza Pepping

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It's from the employment agency, government wage subsidy.
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Charley van Rotterdam

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Generally I agree with Kevin but I've seen it both ways. Tursa generally adds GST and ETC is never sure. If I have to invoice them then I always add it based on the principle that the Agency is GST registered and so are my organisations. I don't think they know what they are doing themselves.