Claiming Expenses

One of the best things that I have found about using Hnry, besides being able to create really professional looking invoices, is being able to claim back the GST expenses on my business costs. The reason I am writing this now is because I got a surprising GST refund a few days ago. I had thought that you only got your GST around April/May, but this week I was proven wrong.

I claimed half of my phone as a business expense (as I use the Hnry app and communicate with customers on it), and I can claim 25% of the diesel I use for my vehicle. And when I get a new vehicle, I will be able to claim a portion of that as a business expense! Obviously for things like gardening tools, I will always make sure to claim them as expenses, which they 100% are. I haven't gone so far as to claim my lunch as a expense, although perhaps I could. I have heard elaborate stories of what Hedge Funds have claimed as entertainment expenses, but for my little business I don't want to take things that far!

As it is, with my claiming of honest business expenses, I seem to get two decent sized GST refunds each year. This is one of the benefits I have found with using Hnry, and having a small business. Hnry makes everything so easy, and all for the small charge of 1%.