Newbie here....
I have searched the forum and the internet but not sure of the accountancy terminolgy I should be using, and generic terms don't seem to find what I'm looking for.
We run a small music school, and when our students enter third-party exams or grades we want to collect the exam fees on behalf of our students and then pass them on to the third-party exam body. It's a convenience to our students and helps us stay in the loop. We receive none of this exam fee as income to our business.
Is there a way to receive payments in this way such that the GST is is not attributed to us, and are we right in thinking we can just pass these payments on without GST implications on us?
Thanks in advance.
Mark