Just like income tax, there is an anti-avoidance rule for GST
The GST Act contains anti-avoidance provisions that are similar to those available for income tax purposes. The rules (known as Division 165) are designed to…
The GST Act contains anti-avoidance provisions that are similar to those available for income tax purposes. The rules (known as Division 165) are designed to…
Sometimes your business may end up using an asset you purchased, such as a property for example, in a way that is different to what…
The general case regarding GST credits is that business owners can claim input tax credits relating to eligible business expenses when you lodge your business…
Most small business owners stay on top of their GST refunds, mainly because of cash flow concerns, but it’s not all that uncommon to now…
Whether a sale of property is subject to GST will be dependent on a number of factors. The sale of real property must be made…
The concept of a “going concern” exemption for the purposes of the goods and services tax (GST) can still cause confusion when businesses are sold.…