Self-employed pension bonus
Could anyone direct me to a ruling on exactly what hours a self-employed person can use when preparing a log book? As with any small business a lot of time is spent on non-paying tasks such as banking, GST, business registration, searching for and contacting prospective clients, then offering advice, preparing training material, invoicing and following up results etc....
I have been advised by a very helpful gov't employee (i.e. someone employed to assist us) that only paid hours can be logged, however someone else was told that padding the hours to take into account the above was OK.
What is the truth??