Search results

Have you paid Sub B $5,000 or $5500? From the numbers in the top half, you have a profit of $1500. Tax at 37% is $555. Profit after tax is $945.

The simple answer is that you pay the invoices presented to you by your sub-contractors. You can't charge any GST to your client as you are not registered for GST. When getting quotes from subbies, you will need to ensure you are getting the 'all-up' price. Ask if they are registered for...