WebBAS and GST record keeping tips. Watch. Keeping good records helps you stay on top of your business. Remember to: keep records of all sales, fees, expenses, wages and other … WebJan 1, 2024 · For example, suppose you have two items in your shipment, one of which is valued above S$400. You will need to pay GST to Singapore Customs by declaring a customs payment permit for that high-value item. This can lengthen the clearance period, delaying the time taken for the importation for low-value goods that are ready to be …
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WebApr 10, 2024 · When the trust sends you the K-1, you see that $8,000 was from the principal. The IRS presumes this money was already taxed, so you don’t owe taxes on that amount. $1,000 was from interest earned—you will owe income tax on that amount. The final $1,000 was from selling stock for a profit—you will owe capital gains tax on that amount. WebJan 25, 2016 · If the consignor is not a registrant, you do not pay the GST/HST to the consignor, and you collect the GST/HST from your customer on your selling price. … broadway shows in tampa area
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