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frenetic83
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frenetic83
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frenetic83

Joined 3 March 2018
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4 d4 dfrenetic83frenetic83 posted:
Builder's margin & GST on provisional items

I just figured that it is correct how they calculated the margin. My method to add the 20% is working out the markup.
tks

4 d4 dfrenetic83frenetic83 posted:
Builder's margin & GST on provisional items

Hi howyagoin
My builder sent me this calculation for working out his margin.
'Our builders margin is 20% of the sell price not…

Builder's margin & GST on provisional items
7 d7 dfrenetic83frenetic83 posted:
Builder's margin & GST on provisional items

Thanks howyagoin for your quick response.
much appreciate it.

  ⋅  1
8 d8 dfrenetic83frenetic83 posted:
Builder's margin & GST on provisional items

Hi all.
Does the builder charge GST on just the margin portion or the whole amount?
For example. Traffic control company charges builder $500 + $50GST.
Total = $550inc GST
Builder adds…

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