GST

GST

Salary Packaging

Special Edition

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...

GST Q&A – GST on overseas transactions

Question We have two questions in relation to GST charged on transactions with overseas suppliers: Our council has recently received...

GST – The GST gap: Key risk areas identified in the 2017-18 GST administration annual performance report

The GST gap, which is the difference between the amount of GST that should be paid and the actual amount...

Eligibility, FBT, GST, Payroll, Public, Salary Packaging

General Article – E-invoicing, not electronic invoicing – there is a difference

Money flows out under digital process such as Single Touch Payroll (STP) – what if money could flow in through...

GST Q&A – No-ABN withholding rules: A supplier hasn’t quoted their ABN. Do we need to withhold from their payment?

Question: Our supplier has stated that they have been deemed ineligible to obtain a new ABN. They believe this is...

GST Q&A – Providing non-residents with access to workspace/equipment in Australia

Question Our university often charges for lab space, use of equipment and consumables in one form or another for various...

GST ‘ Interaction between GST and FBT

Income tax laws have been around for a long time, with the current income tax legislation essentially drawn from statutes...

GST ‘ Countertrade Transactions

In our November 2016 Tax Update we discussed the difficulties caused for GST compliance where consideration is provided in non-monetary...