Re: [Linux-aus] Finances

[Anand Kumria <akumria@linux.org.au>]

On Tue, Feb 04, 2003 at 02:27:55PM +0800, Bret Busby wrote:
> On Tue, 4 Feb 2003, Anand Kumria wrote:
> 
> > 
> > Switching over to having to account for the GST will require some more
> > thought on how the chart of accounts should be setup though.
> > 
> > Anand
> > 
> > 
> 
> Is LA registered for the GST?

Not at this stage.

> 
> As a non-profit organisation, I would not have thought that the annual 
> turnover is/was above the requirement threshold, and, unnecessarily 
> registering for GST can completely stuff an NPO up, with the extra
> administration.

Our turnover has exceed the GST-free ceiling, so we are obligated to.
One of (many) things that needs to be done shortly.

Anand

-- 
 `` We are shaped by our thoughts, we become what we think.
 When the mind is pure, joy follows like a shadow that never
 leaves. '' -- Buddha, The Dhammapada