Tag "GST"

GST Q&A – Exempt vs Out of Scope

Can you please provide clarification as to the difference between what is considered out of scope and what is considered GST exempt?

Read more

GST ‘ Countertrade Transactions

The ATO’s newly released Practical Compliance Guideline PCG 2016/18 provides GST concessional treatment for certain B2B transactions where non-monetary consideration is provided. Labelled ‘countertrade’ transactions the concessions may prove helpful in a variety of situations, including for example, land transactions where only non-monetary consideration is provided such as agreed developer services.

Read more

GST ‘ When a Standard Form Prescribes How to Signify GST is Added

This article considers a recent case in which a specific contractual mechanism governing application of GST had not been invoked in the manner contemplated by the contract.

Read more

GST ‘ Consultants/Contractors and Reimbursements

It is reasonably common for consultants and contractors providing services to seek reimbursement for costs in addition to the charge for services. However, the GST treatment of such reimbursements depends on the arrangements entered into between the contractor and the Customer, and such arrangements may be shown in different ways on the tax invoice. This […]

Read more

GST ‘ A Reminder about New Residential Premises and Other GST and Property Transaction Issues

This article looks at recent case that is a timely reminder about new residential premises and other GST property transaction issues.

Read more

GST Q&A ‘ GST on Employee Contributions to Fringe Benefits

Is the employer liable to pay GST on contributions that employees make towards other fringe benefits including for ‘exempt’ benefits?

Read more

GST ‘ GST and Council Rates

This article provides a summary of the analysis of why Council rates are not subject to GST. It also briefly explores the situation where it appears that some landlords impose GST on Council rates when invoicing tenants.

Read more

GST Q&A ‘ Tax Invoices and Staff Reimbursements

What are the rules relating to tax invoices where staff members are reimbursed?

Read more

GST Q&A ‘ Supplier not GST Registered

GST implications where it is found that a supplier is not GST registered but has been issuing invoices stating they are GST-inclusive and GST credits have been claimed.

Read more

GST ‘ Impact of Grants on the need for GST Registration

Recent ATO comments highlight the need to consider whether a grant may cause an entity that is not registered for GST to be obliged to register. The need for registration has implications both for the entity receiving the grant and the entity paying the grant.

Read more

Page 5 of 37« First...34567...102030...Last »