Business Expenses

[gary_leighton]

Hi

i will shortly have my business opened in Bali.

I will still be based in Australia and will be possibly travelling back to Bali once a month or so to keep an eye on things.

What i would like to know is when i pay for my flights and accomodation through my Bali business, can this be tax deductable through the business?

Any answers?

 

[mat]

Hi

i will shortly have my business opened in Bali.

I will still be based in Australia and will be possibly travelling back to Bali once a month or so to keep an eye on things.

What i would like to know is when i pay for my flights and accomodation through my Bali business, can this be tax deductable through the business?

Any answers?

If you need to travel to see your business. Yes, flights, hotels, meals....

 

[gilbert de jong]

through the business on Bali?

 

[gary_leighton]

through the business on Bali?

Hi Gilbert

yes through my business in Bali.If i pay for my filighrs and accomodation out if my Bali account can i use it as a deduction?

Thanks

 

[gilbert de jong]

The flights should be no problem..
I thought but am not sure ok, for the accomodation to be deductable, that depends on the business-form (UD,CV,PT).

 

[Fred2]

Gary you can deduct anything you like, but you have just told the Indonesian tax man you have lots of money, so you can pay more tax:icon_mrgreen: I'm sorry Gary but you are in for a big shock.
Gilbert he can only have a PT or PMA company.

 

[gilbert de jong]

fred2.. not to stray to far off-topic, but he could pay an indonesian to have the company in an indonesian name. he can travel back and forth between Bali and Aus on a businessvisa for "consulting" the business. maybe??just thinking out loud...

@gary...what fred2 means with big shock is (I think), that taxes to be paid are negotiable :icon_mrgreen:

 

[Fred2]

If he is on a business visa he would be employed in a company outside of Indonesia & would pay tax in that country. Now if he was working in Indonesia he would have to have a working Kitas(PT/PMA company). Gary said he is starting a business in Bali, the smart thing would be that he is a Director in the company & would not have a working visa. Now if his company is giving him a working visa & he is claiming his travel between Australia & Indonesia to the Indonesia tax man I'm shocked, but if he was claiming to the Australian tax man it would make more sense. You also have to remember that income from Australia & Indonesia must be declared to both tax men, there is a tax agreement between both countries. I think I will stay unemployed, toooooo many tax men for me:icon_mrgreen:.
Has anybody on this forum received a tax return from the Indonesian government????????????

 

[gilbert de jong]

ow...I figured/read in his first post "I am still based in Aus" as he has a business there too, that's why I asked "deduct through the business in Bali"
then he's opening a business here, I figured in the same line of business, so he could be an adviser/consultant :icon_biggrin:

 

[ronb]

............You also have to remember that income from Australia & Indonesia must be declared to both tax men, there is a tax agreement between both countries..............

I am no expert, but my understanding of that agreement between Aust and Indo is that you don't declare the same income to both, you declare income to the the government where the income was earned. The agreement does provide both tax departments with the right to access your tax records in the other country - but I guess they do not do that very often.

 

[Fred2]

I am no expert, but my understanding of that agreement between Aust and Indo is that you don't declare the same income to both, you declare income to the the government where the income was earned. The agreement does provide both tax departments with the right to access your tax records in the other country - but I guess they do not do that very often.

Ron there is no double dipping by the tax man, but on your Australian tax return you are asked if you earn money outside of Australia, as long as you have paid the correct tax in that country the Australian government has no problems. Now Gary's Indonesian company wants to tell the Indonesian tax that he flies between Australia & Indonesia for work. Most business in Australia work on 90% card & 10% cash, Indonesia works on 99% cash & 1% card, so tax in Australia is easy you pay tax you fill out you tax return each year & you get money back. Now you know how the tax system works in Indonesia? if you would ask any Indonesian business owner how the tax system works here they would tell you "go to the casino in Malaysia" you can see first hand how your tax dollar is put to good work:icon_mrgreen:.
Sorry has anybody received money back from the tax man in Indonesia???????

 

[gilbert de jong]

The agreement does provide both tax departments with the right to access your tax records in the other country - but I guess they do not do that very often.

Same agreement with NL.
Maybe the tax department would want to (and they're welcome to do so), but the tax-office in Singaraja doesn't have a computer.
fred2, I have never received any tax-return from the taxman in Indonesia..but same as you, I am unemployed (not allowed to work) :icon_wink:

 

[tonyworkers]

Hi

i will shortly have my business opened in Bali.

I will still be based in Australia and will be possibly travelling back to Bali once a month or so to keep an eye on things.

What i would like to know is when i pay for my flights and accomodation through my Bali business, can this be tax deductable through the business?

Any answers?

yes that possible.you just need to put your fligths to be business cost, just prepare everything at the front

 

[gary_leighton]

Hi everyone.

I would like to say thank you to everyone for your input.

We are slowly working things out.

Also our new company will open here in Bali tomorrow.Its a service for all us expats.We are a business, visa and property consultant.So any government docs you need lodging come in and see us.We are at 12 Jalan Kunti, Seminyak just past the Bali Deli or you can find us at Bali Expat Services - Bali Business Licenses | Property Document | Visa Consultant or under Bali Expat Services on facebook.

We hope to see you soon to offer you our services.

Thanks again guys

Gary

 

[gilbert de jong]

:icon_lol:

7jt for a retirement-kitas,
also your other prices for services are pretty expensive