What are the GST implications (if any) of property allocated to a government entity by a commercial property developer? This article identifies the key points to consider.
GST, Infrastructure Charges and Developer Contributions Read More »
Here is an update for the Landcom appeal case. Find out the details and implications here.
GST & Margin Scheme: Landcom Case (Full Federal Court decision) Read More »
When it comes to GST and cross-border transactions there are different rules that apply depending on whether the supplies are outbound (e.g., the GST-free export rules) or inbound (e.g., import of goods and services). In this article we outline the GST rules that apply for inbound supplies.
GST and Inbound Supplies – when does GST apply? Read More »
There are many curiosities within the GST law. Here is our summary of the ‘5-year rule’ and ‘passing on’ following recent Administrative Appeals Tribunal (AAT) decision in the Dals Property Trust Case.
GST Case: determining the ‘5-year rule’ and ‘passing on’ Read More »
In the lead-up to the festive season, here is a reminder on what GST credits are available for entertainment expenditure.
GST credits, FBT & Income Tax: the do’s and don’ts this festive season Read More »
On 20 October 2022, Jeremy Hirschhorn, Second Commissioner of the ATO, addressed The Tax Institute’s 2022 Tax Summit, and we have included below some comments worth noting. ATO areas of Focus Amongst various housekeeping matters, such as ‘the current state of the tax system in Australia’ and ‘the tax performance program’ he highlighted the immediate
ATO address at the Tax Summit 2022 Read More »
We recently received a Q&A from a member asking about GST implications where a digital menu service is used. It raises both agency matters and tax invoices. Question: A Restaurant is considering engaging with a provider of an online digital menu ordering and payment processing system (supplied by the Provider). For the Restaurant, the digital
Online ordering systems: GST, Agency & Tax Invoices Read More »
We recently received a Q&A from a member asking about GST and payments received for recycled containers collected. Question: Council will be receiving revenue from an organisation (‘Recycle Organisation’). Every time Council holds an event any recyclable containers from the event will be collected by Recycle Organisation. Council will be paid for these recyclable containers
Member Q&A: Is GST payable on goods intended for recycling? Read More »
The scenario: Council has set up a wholly-owned subsidiary to act as a project manager for a major development being undertaken by Council. The subsidiary is a for-profit company. We shall refer to it as PMCo. Also, Council and PMCo are both GST-registered and are part of a GST group. PMCo handles all aspects of
GST and processing transactions between group members Read More »
We recently received a Q&A from a member asking about GST and valid Tax Invoices (along with a follow up question). Question: We note that for purchases over $1,000 the Tax Invoice must show the identity (i.e., name or ABN) of the purchaser. Does this mean that for sales less than $1,000 a Tax Invoice
Member Q&A: GST and tax invoices Read More »
