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Are the following statements true or false?
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Each time you earn a fare you must collect and pay GST. GST collected must be calculated on the full fare the passenger pays.
True or false?
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A valid tax invoice is required when claiming for GST credits over $50.80.
True or false?
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Your GST obligation is calculated by deducting GST paid from GST collected.
True or false?
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Last modified: 01 Sep 2022