You shouldn’t need gst for a small amount unless this place needs you to be GST registered. Use some free accounting software like Wave if it still exists and operate as a sole trader.
Talk to your accountant if you have one. They’ll give you this advice for free as they make their money from doing your books if you make it big
I think that place should be fine without GST but I’ll definitely ask when I chat to my contact tomorrow. Need to ask if professional indemnity insurance is required because I ain’t doing it if so - I really don’t intend to do this for the broader industry, not worth paying monthly insurance…
And I’ve never used an accountant bar the one time years ago when I was on WHV tax rates for half the FY and needed help lodging. I don’t think I’ll earn enough from this one off event to warrant getting an accountant but… if they ask me an additional time, I might get an accountant to help. I do have a family friend who is a CA so I might ask their advice. Lots to think about to do it the right way! Wish I could do it for cashies lol.
You shouldn’t need gst for a small amount unless this place needs you to be GST registered. Use some free accounting software like Wave if it still exists and operate as a sole trader.
Talk to your accountant if you have one. They’ll give you this advice for free as they make their money from doing your books if you make it big
I think that place should be fine without GST but I’ll definitely ask when I chat to my contact tomorrow. Need to ask if professional indemnity insurance is required because I ain’t doing it if so - I really don’t intend to do this for the broader industry, not worth paying monthly insurance…
And I’ve never used an accountant bar the one time years ago when I was on WHV tax rates for half the FY and needed help lodging. I don’t think I’ll earn enough from this one off event to warrant getting an accountant but… if they ask me an additional time, I might get an accountant to help. I do have a family friend who is a CA so I might ask their advice. Lots to think about to do it the right way! Wish I could do it for cashies lol.