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Do I include GST on the T2125 for the total cost of the business expense or the subtotal without GST?
Need more clarification:
Do I include GST on the T2125 for the total cost of the business expense or the subtotal without GST? My subcontracting business earns less than 30K/yr and I do not collect GST from customers.
Examples:
Vehicle Gas - $100.00 subtotal + GST = $113.00 total including GST. Do I enter $100.00 or $113.00?
Phone Data Expense - $50.00 subtotal + GST = $56.50 total including GST. Do I enter $50.00 or $56.50
Do I include GST on the T2125 for the total cost of the business expense or the subtotal without GST? My subcontracting business earns less than 30K/yr and I do not collect GST from customers.
Examples:
Vehicle Gas - $100.00 subtotal + GST = $113.00 total including GST. Do I enter $100.00 or $113.00?
Phone Data Expense - $50.00 subtotal + GST = $56.50 total including GST. Do I enter $50.00 or $56.50
May 29, 2023
9:52 AM