Amendments to the GST treatment of Appropriations
GST – Draft legislation about health insurance claims
This bill was introduced in the House of Representatives on 23 November 2011 and contained two main amendments to the GST provisions, namely:
Draft GST Ruling GSTR 2011/D4, released on 2 November 2011, once again addresses the vexed question of how GST applies to financial assistance payments. This draft ruling is of particular interest to Governments, government agencies, non-profit bodies, charities and other entities who make or receive financial assistance payments.