What is the amount of tax i have to pay for a project
14-Jun-2023 (In Tax Law)
I'm crowdfunding a project and will be giving products I manufacture as rewards to backers. It will be a one time project that means after i've collected money and delivered products it will be over. I will be collecting $5000 and $500 will be cut from it as fees to the site i used so i'll be getting $4500 via bank transfer. So will I have to pay any taxes and should I register for gst because its just for one time.
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