Quote Originally Posted by Naki Rat View Post
You obviously weren't joking when you said you didn't listen in Economics
Clearly this is exaggerating the point... the gst component of the 40 cents (or whatever) that is paid to the shop keeper is forwarded to IRD with his quarterly GST return... Correct me if I'm wrong but that's how it was done when I was an Admin Manager for a medium sized firm... unless GST paid was more in which case he'd be due a credit.

All I'm saying is that dollar has now reduced....argh...nevermind

Surfing was always a better option at 2pm on Friday than Economics!