Rounding Of GST And GST Payable On Services Where Discounts
Jun 22 2023 nbsp 0183 32 Hey TriciaM GST is going to be calculated on the total electricity charges The rounding of charges will be to the nearest cent When the number is 0 to 4 you ll round down
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Rounding Decimal Places ATO Community
Feb 15 2021 nbsp 0183 32 I noticed that pre fill data from previous years always rounds the decimal place to the lowest dollar rather than the next highest dollar I was wondering if these amounts require
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Other Paper Company Tax Return Rounding Rules ATO
Other Paper Company Tax Return Rounding Rules ATO Sep 8 2024 nbsp 0183 32 On a Paper Company Tax Return what are the rounding rules loose the cents OR round up from 50 cents to less than a dollar after the decimal point for 7 Reconciliation to
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Jul 19 2024 nbsp 0183 32 I m trying to make sure GST is correctly calculated and detailed on a receipt when there can be rounding issues Consider an example of a 27 00 item that has 10 GST GST Rounding On Itemized Receipts ATO Community. Jul 13 2021 nbsp 0183 32 Hi there We have received a tax invoice from a supplier for a total of 156 52 with 14 27 GST included This supplier obviously uses the Taxable Supply Rule As our They claim their accounting software has applied the ATO s GST rounding guidelines I understand there may be a half cent rounding but is rounding up two cents correct
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