[Busmanagers] (no subject)

[Seefeld, Jennifer]

Hi Lia

As I understand it Building Trust Funds are DONATIONS.  Donations do not
attract GST.  

Jenny Seefeld

Business Manager

Balwyn High School

 

________________________________

From: busmanagers-bounces at edulists.com.au
[mailto:busmanagers-bounces at edulists.com.au] On Behalf Of Adams, Lia T
Sent: Thursday, 28 July 2005 3:19 PM
To: Business Managers' Mailing List
Subject: [Busmanagers] (no subject)

 

Hello everyone,

 

We have a Building Trust Fund to which parents can donate any amount,
each year, as part of their parent contributions.  As it is coming near
the time to set up for next year once again I was wondering how other
schools put this process in place in CASES 21F.  

 

As the Building Trust Fund is a Sundry Debtor and the families pay into
Families we know we can't split the payment.  If we raise invoices for a
set amount against each family to overcome the problem of split payments
the GST implications are too great.

 

Any suggestions?

 

Lia Adams

Heany Park Primary School

Important - This email and any attachments may be confidential. If
received in error, please contact us and delete all copies. Before
opening or using attachments check them for viruses and defects.
Regardless of any loss, damage or consequence, whether caused by the
negligence of the sender or not, resulting directly or indirectly from
the use of any attached files our liability is limited to resupplying
any affected attachments. Any representations or opinions expressed are
those of the individual sender, and not necessarily those of the
Department of Education & Training.

-------------- next part --------------
An HTML attachment was scrubbed...
URL: http://www.edulists.com.au/pipermail/busmanagers/attachments/20050728/5dce924d/attachment.html