if i am a sole trader and received the jobkeeper alloawance. How do i process this as we draw from b
midwets lock and safe
Member Posts: 1 ✭
i am a sole trader & received the jobkeeper alloawance. How do i process this in my system (reckon Accounts Hosted) as we only take drawings from the business and dont pay ourselves a wage?
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Comments
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Put to an income account called jobkeeper, it is taxable on your tax return. Continue to do the same with drawings0
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NB it does NOT attract GST
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