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 […]
The ATO has finalised its Ruling on the manner in which GST applies to various scenarios involving development lease arrangements made between government agencies and private developers (previously issued in draft as GSTR 2014/D5).
The ATO has provided an update on the proposed system whereby Commonwealth, State and Local Government will report payments and grants that they make, to the ATO. The object is to enable the ATO to ensure (through data matching) that recipients of certain government payments/grants accurately disclose their income tax and GST liabilities to the […]
Question: We use online booking organisations for booking hotels etc. The hotels are located within Australia. The documentation received does not contain any reference to GST. Do we treat the booking organisation as an ‘agent’ and not the ‘supplier’ and account for the GST within the transaction?