Now what does Subbies and ABN’s have in common?
Think about it, when was the last time you checked your subbies ABN’s?
Just because you are a business and you trust your subbies who work for you, when you are being invoiced for GST, are they actually registered for GST.
Have you checked this?
You’re probably thinking, but I’ve had the same subbies work for me for years. That doesn’t mean they may not be GST registered anymore,
It’s good business practice every 6 months is to go in and check each subbies ABN is GST registered by following this link
Because you may have been getting charged over time for GST and not realise it and the subbie has been pocketing the extra money, without your knowledge.
Don’t always believe in trust and the hand shake. During difficult times, people do silly things.
So, check your subbies ABN and check they are actually registered for GST.
Or better still, give me a call and I will check out their details for you.
Maree Punzet | Maree’s Mobile Bookkeeping | 0429 363 047
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