GST on ticket prices?
Tue, 7 Dec 1999, 07:17 pmGrant Malcolm11 posts in thread
GST on ticket prices?
Tue, 7 Dec 1999, 07:17 pmIn the light of the current controversy over registered charities and the GST, i couldn't help wondering what companies were planning to do with respect to ticket prices.
My limited understanding is that there will be no requirement on community theatre companies to charge GST on their tickets unless they have a turnover of $100,000 or more. Can anyone confirm this?
Clearly theatre companies will be paying GST on all their inputs, so they'd be crazy not to consider passing on this expense.
Thoughts?
Cheers
Grant
My limited understanding is that there will be no requirement on community theatre companies to charge GST on their tickets unless they have a turnover of $100,000 or more. Can anyone confirm this?
Clearly theatre companies will be paying GST on all their inputs, so they'd be crazy not to consider passing on this expense.
Thoughts?
Cheers
Grant
Grant MalcolmTue, 7 Dec 1999, 07:17 pm
In the light of the current controversy over registered charities and the GST, i couldn't help wondering what companies were planning to do with respect to ticket prices.
My limited understanding is that there will be no requirement on community theatre companies to charge GST on their tickets unless they have a turnover of $100,000 or more. Can anyone confirm this?
Clearly theatre companies will be paying GST on all their inputs, so they'd be crazy not to consider passing on this expense.
Thoughts?
Cheers
Grant
My limited understanding is that there will be no requirement on community theatre companies to charge GST on their tickets unless they have a turnover of $100,000 or more. Can anyone confirm this?
Clearly theatre companies will be paying GST on all their inputs, so they'd be crazy not to consider passing on this expense.
Thoughts?
Cheers
Grant
NormaThu, 9 Dec 1999, 10:03 pm
RE: GST on ticket prices?
In next months LINK there will be an article on the effects, or likely effects of the GST on amateur theatre companies. Compiled by David Young the item will have a FAQ section.
I don't know what everyone else is doing but I am having a degree of difficulty in convincing my home club that ticket prices will need to go up a bit. You are correct in saying that companies with a turnover of less than $100,000 annually will not need to register (Apparantly Wanneroo are the only club in WA likely to be so affected - 'lucky' them) but if we don't then we can't claim anything back but will have to wear the costs. I don't think many clubs have quite appreciated the likely situation. Perhaps David's article will help.
Norma.
I don't know what everyone else is doing but I am having a degree of difficulty in convincing my home club that ticket prices will need to go up a bit. You are correct in saying that companies with a turnover of less than $100,000 annually will not need to register (Apparantly Wanneroo are the only club in WA likely to be so affected - 'lucky' them) but if we don't then we can't claim anything back but will have to wear the costs. I don't think many clubs have quite appreciated the likely situation. Perhaps David's article will help.
Norma.
Walter PlingeSun, 23 Jan 2000, 10:44 pm
RE: GST on ticket prices?
in tech talk??? oh god now i am confused......
Grant Malcolm wrote:
-------------------------------
In the light of the current controversy over registered charities and the GST, i couldn't help wondering what companies were planning to do with respect to ticket prices.
My limited understanding is that there will be no requirement on community theatre companies to charge GST on their tickets unless they have a turnover of $100,000 or more. Can anyone confirm this?
Clearly theatre companies will be paying GST on all their inputs, so they'd be crazy not to consider passing on this expense.
Thoughts?
Cheers
Grant
Grant Malcolm wrote:
-------------------------------
In the light of the current controversy over registered charities and the GST, i couldn't help wondering what companies were planning to do with respect to ticket prices.
My limited understanding is that there will be no requirement on community theatre companies to charge GST on their tickets unless they have a turnover of $100,000 or more. Can anyone confirm this?
Clearly theatre companies will be paying GST on all their inputs, so they'd be crazy not to consider passing on this expense.
Thoughts?
Cheers
Grant
Grant MalcolmThu, 17 Feb 2000, 02:29 pm
RE: GST on ticket prices?
Norma Davis wrote:
-------------------------------
In next months LINK there will be an article on the effects, or likely effects of the GST on amateur theatre companies. Compiled by David Young the item will have a FAQ section....
-------------------------------
The promised item by David Young, as reproduced in the ITA Link:
*****************
GST is here and it is here to stay
For most of you Theatre Clubs, as your gross earnings are under $100,000, you will not have to register for GST, though you may. I suggest you don't because it is hard enough to get treasurers and, with the added burden of GST, treasurers with this talent are going to be hard to find. Treasurers come and go and each has varying degrees of skills.
The impact of GST is going to increase costs without doubt. Just because we are non-profit, doesn't mean we are GST free when we pay for goods. Most goods we pay for, say at Bunnings, will have a GST component and we pay the total amount. So, as far as you can see, most of the goods and services we pay for will go up. Any production after JUNE 2000 will have an increase in costs, so, therefore, you may want to increase the ticket prices accordingly. Bar costs will rise, as well costs of programmes.
For the few clubs that have to register, because their annual turnover is over $100,000.
Turnover includes - grants, tickets sales, programme sales, memberships, raffle tickets, bar sales all added together. It is not after any costs.
Things you should do if you are GST Registered include:
1. Decide whether you should register for GST.
2. Think about memberships that go beyond 2000.
3. Evaluate your record keeping.
4. Review your printing requirements, including ticketing.
Unfortunately there is insufficient space here to do a 33 page seminar. However, David Young will be only too happy to see any Treasurer of Committee to talk about the impact of GST on your club. Contact David on 9227 1399.
The amount of GST collected by non-profit organisations will be minimal. The very name non-profit suggests that the income is matched by the expenditure. Any GST collected will be offset against GST paid. The impact will be in accounting and it is up to your treasurer to make sure that it is accounted for correctly.
If you have an accounting period different from 30 June, you are required to lodge GST returns monthly.
David Young
**************************
Cheers
Grant
-------------------------------
In next months LINK there will be an article on the effects, or likely effects of the GST on amateur theatre companies. Compiled by David Young the item will have a FAQ section....
-------------------------------
The promised item by David Young, as reproduced in the ITA Link:
*****************
GST is here and it is here to stay
For most of you Theatre Clubs, as your gross earnings are under $100,000, you will not have to register for GST, though you may. I suggest you don't because it is hard enough to get treasurers and, with the added burden of GST, treasurers with this talent are going to be hard to find. Treasurers come and go and each has varying degrees of skills.
The impact of GST is going to increase costs without doubt. Just because we are non-profit, doesn't mean we are GST free when we pay for goods. Most goods we pay for, say at Bunnings, will have a GST component and we pay the total amount. So, as far as you can see, most of the goods and services we pay for will go up. Any production after JUNE 2000 will have an increase in costs, so, therefore, you may want to increase the ticket prices accordingly. Bar costs will rise, as well costs of programmes.
For the few clubs that have to register, because their annual turnover is over $100,000.
Turnover includes - grants, tickets sales, programme sales, memberships, raffle tickets, bar sales all added together. It is not after any costs.
Things you should do if you are GST Registered include:
1. Decide whether you should register for GST.
2. Think about memberships that go beyond 2000.
3. Evaluate your record keeping.
4. Review your printing requirements, including ticketing.
Unfortunately there is insufficient space here to do a 33 page seminar. However, David Young will be only too happy to see any Treasurer of Committee to talk about the impact of GST on your club. Contact David on 9227 1399.
The amount of GST collected by non-profit organisations will be minimal. The very name non-profit suggests that the income is matched by the expenditure. Any GST collected will be offset against GST paid. The impact will be in accounting and it is up to your treasurer to make sure that it is accounted for correctly.
If you have an accounting period different from 30 June, you are required to lodge GST returns monthly.
David Young
**************************
Cheers
Grant
JoeMcTue, 9 May 2000, 03:59 pm
RE: GST on ticket prices?
Hi Terri
As far as I beleive if you do not register for the GST you cannot charge it to the customer, however you will have to pay it out of your own coffers on each transaction - I don't know if this effects Incorporated Associations as they do not pay Tax anyway!
But there again I am only an 'Techie' and would be presumed to know nothing about 'IT'
Chookas
Joe
As far as I beleive if you do not register for the GST you cannot charge it to the customer, however you will have to pay it out of your own coffers on each transaction - I don't know if this effects Incorporated Associations as they do not pay Tax anyway!
But there again I am only an 'Techie' and would be presumed to know nothing about 'IT'
Chookas
Joe
Grant MalcolmTue, 9 May 2000, 05:08 pm
Joe?
Joe!
hehe
Great to have you back with us and wonderful to see you picking up on the backlog of Tech Talk messages begging for your responses.
Cheers
Grant
hehe
Great to have you back with us and wonderful to see you picking up on the backlog of Tech Talk messages begging for your responses.
Cheers
Grant
JoeMcWed, 10 May 2000, 11:26 am
RE: Joe?
Thanks Grant
Good to be back - a long break - "IT's" just like trying to give up fags, you try and think you have become smoke free, then when you find you have nothing to do - a smoke does help to pass the time. As I have only 12 years warranty left on my hearts plumbing job - what the heck, the fags won't kill me.
I have contacted a few theatre's and I am awaiting their response (Melville did send an application form - which I will be getting back to them) It's not a question of just jioning - it's more "I need something to do" that is needed and is constructive, not just a member who pays their fee's. A show - anything? (with disclourses and disclaimers of course).
But so far no one seems to want a fat old sparky who can design and direct occasionally - but not spell!
Chookas
Joe
Good to be back - a long break - "IT's" just like trying to give up fags, you try and think you have become smoke free, then when you find you have nothing to do - a smoke does help to pass the time. As I have only 12 years warranty left on my hearts plumbing job - what the heck, the fags won't kill me.
I have contacted a few theatre's and I am awaiting their response (Melville did send an application form - which I will be getting back to them) It's not a question of just jioning - it's more "I need something to do" that is needed and is constructive, not just a member who pays their fee's. A show - anything? (with disclourses and disclaimers of course).
But so far no one seems to want a fat old sparky who can design and direct occasionally - but not spell!
Chookas
Joe
Grant MalcolmWed, 10 May 2000, 05:13 pm
RE: Joe?
Hi Joe
Very sorry to hear your warranty's running low on the old ticker. You really should check it in for a full service. My father-in-law is due to have the old donk lifted out and a new one fitted any day!
As for your offer of assistance... i'm looking for a sparky! Doll's House in the Dolphin, June-July. i've been chatting to an lx designer already, but he's running another at about the same time, so i need someone who can operate the old stegasaurus in the Dolphin. How do you get on with John Doyle?
I also know that Grads are looking for people for SM and LX (design and op.) for two other shows later this year. It's a nice theatre!
Eagerly awaiting a reply!
Cheers
Grant
Very sorry to hear your warranty's running low on the old ticker. You really should check it in for a full service. My father-in-law is due to have the old donk lifted out and a new one fitted any day!
As for your offer of assistance... i'm looking for a sparky! Doll's House in the Dolphin, June-July. i've been chatting to an lx designer already, but he's running another at about the same time, so i need someone who can operate the old stegasaurus in the Dolphin. How do you get on with John Doyle?
I also know that Grads are looking for people for SM and LX (design and op.) for two other shows later this year. It's a nice theatre!
Eagerly awaiting a reply!
Cheers
Grant
JoeMcWed, 10 May 2000, 06:06 pm
RE: Joe?
Best of luck to your dad-in-law - I just a re-pipe work on mine (which they say was good for 15 years) - His will have a life time Guarantee. not just a warranty - best of luck to him and the family.
I would love to do Dolls house - no problem with the light board, I started out on the old 'Water Dimmers' and 'Sunset rows' (Yes! - I am that old?). As for John Doyle, I met the 'Giant Leprechaun' just after he first started at UWA extention service, back in the dark ages, along with 'J J' (The ex-Club Mechanist - retired) I got on very well with both of them and did quite a few shows at the old Dolphin and other venues on campus. As for the Grads - I love to work in 'nice theatres'
You can ring me on 93377682 anytime
I would love to do Dolls house - no problem with the light board, I started out on the old 'Water Dimmers' and 'Sunset rows' (Yes! - I am that old?). As for John Doyle, I met the 'Giant Leprechaun' just after he first started at UWA extention service, back in the dark ages, along with 'J J' (The ex-Club Mechanist - retired) I got on very well with both of them and did quite a few shows at the old Dolphin and other venues on campus. As for the Grads - I love to work in 'nice theatres'
You can ring me on 93377682 anytime
Walter PlingeFri, 19 May 2000, 12:59 pm
RE: GST on ticket prices?
Hi Terri,
My local club, Howick Little Theatre, in New Zealand is an incorporated society, and we are GST registered, on the basis that our income exceeds an certain level ($30,000 PA) prescribed by the IRD.
Accounting for GST does really necessitae an accounting software package with GST provisions. It's probably a good idea to purchase such a package with support from an organisation which has proven experience with GST. I believe there are a number of NZ companies which have set up in Australia to tap into this new market.
regards
Peter Webster
My local club, Howick Little Theatre, in New Zealand is an incorporated society, and we are GST registered, on the basis that our income exceeds an certain level ($30,000 PA) prescribed by the IRD.
Accounting for GST does really necessitae an accounting software package with GST provisions. It's probably a good idea to purchase such a package with support from an organisation which has proven experience with GST. I believe there are a number of NZ companies which have set up in Australia to tap into this new market.
regards
Peter Webster
Walter PlingeThu, 6 July 2000, 03:45 pm
RE: Joe?
Joe
I've just picked up on some May talk between you and Grant Malcolm. I turned up as a lighting operator for Grant's production of "A Doll's House", and greatly enjoyed the experience. I had just completed John Doyle's course.
I note that you didn't make it into "A Doll's House" lighting team. I'd like to talk about Grads next production "Summer of the 17th Doll". Please send me a direct e-mail, as I'm not sure how things operate with the e-mail through ITA Tech Talk. Nothing really "private" coming up, but I don't see it as part of a public discussion.
Peter
I've just picked up on some May talk between you and Grant Malcolm. I turned up as a lighting operator for Grant's production of "A Doll's House", and greatly enjoyed the experience. I had just completed John Doyle's course.
I note that you didn't make it into "A Doll's House" lighting team. I'd like to talk about Grads next production "Summer of the 17th Doll". Please send me a direct e-mail, as I'm not sure how things operate with the e-mail through ITA Tech Talk. Nothing really "private" coming up, but I don't see it as part of a public discussion.
Peter