Tag "GST"

GST Q&A – supply or grant?

Question: Where repairs/maintenance work is undertaken for a NFP community grou…

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GST: Online Bookings and Tax Invoices

We are often asked how to obtain a tax invoice when using a booking website. In this article, we will use the simple example of an Australian GS…

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GST: Valuation

On occasions, liability for GST will be affected by the value that the taxpayer ascribes to the asset that is supplied by the taxpayer. This is …

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GST: The Rio Tinto Services Case, remote housing for employees

Rio Tinto Services Ltd v <span data-scayt_word="FCT" data-scaytid="1…

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GST: The 4 year time limit on Input Tax Credits

The recent cases of <a href="https://www.austlii.edu.au/cgi-bin/sinodisp/au/cases/cth/AATA/2015/174.html?stem=0&synonyms=0&query=titl…

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GST: New Fuel Tax Credit Rates

Fuel tax credit rates are indexed bi-annually (generally 1 February and 1 August), in line with CPI. The rates applicable to fuel use…

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GST: GST treatment of waste management services supplied by NSW councils

The ATO issued a Class Ruling (<a href="https://law.ato.gov.au/atolaw/view.htm?docid=%22CLR%2…

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GST: Whether a Local Council is a State or a Territory?

A supply of land will be GST-free if the following three conditions are met: 1. the supply is made ‘by the Commonwealth, a State or a Territory’; 2. the supply is of ‘land on which there are no improvements’; and 3. the supply is either of a freehold interest in the land or a supply […]

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GST: 3rd Party Reporting

As covered in lasts months Update, the proposed 3rd party reporting measures for grants etc payable by Governments has moved a step closer to introduction with the introduction of an Exposure Draft outlining who must report what.

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GST Q&A – GST and Retention Amounts

A specific reporting exclusion is provided for pooled or shared cars. A pooled or shared car is a car that is provided by an employer for the private use of 2 or more employees. Although not specifically in the law, the ATO view is that a car will only qualify for the reporting exemption if […]

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