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Admin charges GST
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Admin charges GST
Hi Joseph,
We issue a Debit Memo to our affiliated company for payment made on behalf as it is a Disbursement. However our company's policy is to charge 5% admin charge based on the amount we paid on behalf for the affiliated company.
1) Do we have to charge our affiliated company GST for the admin charge
2) If we charge the GST do we issue tax invoice and if so how to separate the admin charges GST and the non GST portion in the tax invoice for the payment on behalf amount.
Thank you in anticipation for your advice.
Regards,
Vincent
We issue a Debit Memo to our affiliated company for payment made on behalf as it is a Disbursement. However our company's policy is to charge 5% admin charge based on the amount we paid on behalf for the affiliated company.
1) Do we have to charge our affiliated company GST for the admin charge
2) If we charge the GST do we issue tax invoice and if so how to separate the admin charges GST and the non GST portion in the tax invoice for the payment on behalf amount.
Thank you in anticipation for your advice.
Regards,
Vincent
siewvincent- Posts : 2
Join date : 2015-05-15
Re: Admin charges GST
Issue tax invoice as follows:
Disbursement RM1,000 [OS]
Admin Charges RM50 [SR]
GST on Admin Charges RM3
Total payable RM1,053
Disbursement RM1,000 [OS]
Admin Charges RM50 [SR]
GST on Admin Charges RM3
Total payable RM1,053
joseph- Posts : 277
Join date : 2014-09-25
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