GST

GST

Salary Packaging

Special Edition

FBT, GST, Public

GST and FBT – Giving vouchers to staff

It is relatively common for employers to buy and give vouchers or gift cards to staff (for example, as a...

GST Q&A – Acquiring property without applying the margin scheme

What happens where the vendor wants to apply the margin scheme, but the purchaser doesn’t? Question We are a local...

GST Credits for functions made available to the public

Entitlement to GST credits for entertainment expenditure is subject to the interplay of the FBT and income tax deduction provisions....

GST – How to determine if something is regulatory in nature

When looking at the characterisation of exempt taxes, fees and charges, the GST provisions refer to supplies being regulatory in...

GST Q&A – GST on payments to government bodies

Question Council has been invoiced by a State Government department for a capital works project Council is contributing to. Should...

GST Q&A – GST on reimbursement for insurance excess claim

Council has reimbursed a claimant for an excess payment on a vehicle smash repair. What are the GST implications for...

GST Q&A – Provision of funding for Christmas functions

Is GST payable on funding provided by Council’s related DGR to meet the cost of a Christmas function hosted by...

FBT, GST, Public

GST and FBT – The tax consequences of gift giving

T’is the season for gifts – but are you also making a gift of GST or FBT to the Revenue?...

GST Q&A – GST on costs associated with land acquisitions

Question Under the Land Acquisition and Compensation Act 1986 (Vic), authorities acquiring land from land owners for a capital works...

GST Q&A – GST on payments in lieu of infrastructure works

Does GST apply to payments that a developer makes to a Council in lieu of the developer being required to...

GST – Significant proposed changes to GST recovery: Recovering estimates and directors’ personal liability

Our featured article for the month covers two proposed legislative changes to the recovery of GST – these are significant...

Fundraising events: Tax & GST treatment

We receive many queries about the income tax and GST implications of fundraising events, both from those hosting and those...