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9
9130346953515536
October 16, 2019
Question

GST on owners

  • October 16, 2019
  • 1 reply
  • 0 views

I'm a sole trader and was wondering what GST rate there is on Owners draw

thanks

1 reply

Bonny_
Bonny_
October 16, 2019

Hi 9130346953515536,

 

My understanding is that Owner's Drawings amounts would be classified as Out of Scope, however I recommend you check with a certified accountant or bookkeeper to verify this information.

 

Here's our ProAdvisor Portal to find a QuickBooks certified accountant or bookkeeper near you: https://quickbooks.intuit.com/au/find-a-proadvisor/

 

Bonny

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