Leo operates a plumbing business. For the September 2021 quarter he determines he has charged $75,000 in GST on the taxable supplies he has made and has credits of $20,000. What is the net amount (GST) payable? [We will look at the specific rules regarding taxable supplies and input tax credits.

Answer rating: 100% (QA)

To calculate the net amount GST payable by Leo for the September 2021 quarter we ne... View the full answer