Posting invoices and bills

Liz edodd at billiau.net
Tue Oct 2 16:32:05 EDT 2012


On Tue, 02 Oct 2012 09:31:12 -0400
Derek Atkins <warlord at MIT.EDU> wrote:

> I don't understand this case.  If you're being billed by a vendor why
> would you need to withhold taxes yourself?  What kind of taxes do you
> need to withhold here, and are they on TOP of what the vendor is
> charging you?

Again, in AU, if I engage a contractor not registered for tax (with an
expected annual income in the taxable range), I get to withhold some
percentage from the bill.
I have not actually done it, people who are in that group become tax
registered, as I think the percentage is over 40%


More information about the gnucash-user mailing list