Only businesses registered for GST can claim the GST they pay on business costs. Where a business has costs made up of both private and business components, such as motor vehicle expenses, only the business percentage of the GST paid can be claimed.
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The competitive part to the season may have come to an end for me, but I can’t rest just yet. I now have a lot of promotional work to do with my sponsors and then I’ll be able to finally get around to having a break. And then before long I’ll be starting my training preparations for the 2011 season. Time flies!
"All in all, I have had a pretty good season – I have won the Samsung Diamond League, the European Championships, the Continental Cup, cheap Baltimore Orioles Hats set a world-leading mark, and have lost just two competitions. In terms of winning record and consistency, I’d say this has been my best season. 2006 was also a great year for me because I set my PB that year – it’s really a close call.