Jim's Trade Net
GST Strategy – End of the Financial Year?

PROBLEM:    Has your business accumulated more GST from its income than the GST you have spent with expenses

RESULT:       You will have to pay the ATO the difference in cash.

SOLUTION:   Why not spend Trade Dollars (T$) to pay for expenses before the end of the quarter.

BENEFIT:      Spending Trade Dollars on business expenses within the quarter will not only SAVE you cash it will also reduce the level of GST (payable in cash) to the ATO.

Spend your Trade Dollars before the End of each quarter and reduce the level of GST that you will have to pay to the ATO on a quarterly basis.

If you need assistance coming up to EOFY, please get in touch with us today to discuss your spending opportunities. Call 1300 732 649 or email tradenet@jimstradenet.com 

Paul Godden

Divisional Manager of Jim’s TradeNet