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Posted by on 17 November 2011 | 0 Comments
Tags: GST,
A large number of businesses, particularly those in the services sector, receive prepayments from customers for future services - in some cases these are deposits and in others, part or full payment for the anticipated service. Often the contract terms provide that there is no refund of the prepayment if, ultimately, the customer does not take up the service.
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Suite 2.10 Level 2 Platinium Building
4Ilya Ave
Erina NSW 2250
PO Box 3343
Erina NSW 2250
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