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Gst
GST Credit Claims in Australia: Your Essential Guide
Learn how to claim GST credits in Australia with our comprehensive guide. Understand eligibility, tax invoice requirements, and more for effective GST compliance.
... read moreGoing once, going twice; get your GST right at settlement
Discover the essentials of GST registration for property sales exceeding $75,000. Find out how it affects settlement and your BAS reporting.
... read moreWhen is food GST-free?
Delve into the complexities of GST on food items, illustrated by Chobani’s case. Discover key insights into what makes food GST-free or taxable.
... read moreBusiness owners now personally liable for GST compliance
From the start of April 2020, the tax office will be deeming directors as entirely liable for their company’s GST responsibilities.
... read moreGST On Property - Will It Affect You?
There have been some changes to how GST on new properties is accounted for. These changes are now law, coming in as of 1 July 2018. We are now seeing a number of clients asking how this will actually work.
... read moreIndividuals - What's Changing on 1 July 2018?
These are the main changes ahead for individuals from July 1 2018 including: personal tax bracket changes, introduction of the low and middle income tax offset, GST on property developments and residential subdivisions.
... read moreWithholding GST as at 1 July 2018
As of 1 July 2018 there is another change to how new residential property sales are treated. Purchasers will now need to withhold GST from the purchase price on behalf of the vendor, and remit it to the ATO.
... read moreTaxing Developments - API Article
In recent months I’ve had a number of conversations with clients who are building new residential properties, a couple intending to keep the property and rent it out and some intending to sell for a profit. When I informed these clients of the potential tax implications of selling, they were ...
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