Bobby Tray, a self-employed plumber in New Zealand, is registered for GST on the payments basis. He has a 2-monthly taxable period. His bank statement shows the following business transactions for April and May:

              

Date	Ref	Details	Amount
April			$
3	Chq. 231	Staff wages	820.00
5	Chq. 232	Home telephone	172.60
17	Chq. 233	Destroyed	-
17	Chq. 234	Advertising	350.24
17	Chq. 235	Subcontractor	1,465.50
17	Chq. 236	Vehicle expenses	631.86
17	Chq. 237	Tea, sugar etc.	24.45
17	Chq. 238	Drawings	1,000.00
17	Chq. 239	Staff wages	820.00
28	Inv.   23	Contracting income	3,461.00
30	Chq. 240	Petrol	40.00
May
1	Chq. 241	Staff wages	820.00
15	Chq. 242	Staff wages	820.00
15		Bank fees	14.60
15		Interest	136.00
18	Inv.  24	Contracting Income	1,156.00
20	Chq.  243	Vehicle expenses	576.52
20	Chq. 244	Drawings	1,000.00
20	Chq. 245	Purchases	715.36
20	Chq. 246	Purchases	193.50
29	Chq. 247	Staff wages	820.00
29	Inv.  25	Contracting income	2,157.00
29	Chq. 248	Computer printer	2,100.00

            

               NOTES

• His business vehicle is a Nissan van. He bought the van 2 years ago for $17,500 incl GST. He uses the van 85% of the time for business.
• The $172.60 home telephone account paid on April 5 (assume 50% business use of the home telephone) included:

• Rent	35.70
  Business tolls	51.19
  Private tolls	85.71
  	$172.60

• The computer printer is to be used 70% of the time for business.
• Bobby has received invoices for every payment he made.
• 
  
• Calculate the GST payable or refund due. Show all calculations.

Answer rating: 100% (QA)

To calculate the GST payable or refund due for Bobby Tray we need to determine the GST on his taxabl... View the full answer