12 GST thoughts of Christmas: 1. There's no GST on gifts (so Santa is probably not GST registered). 2. GST registered businesses can claim back the GST on gifts they buy for staff, suppliers and customers. 3. If you buy someone a gift voucher for Christmas it's quite...
Iain Blakeley
Barrister - Tax Expert - Business Adviser - Director, Professional, Practical, Fast, Affordable Nominations
12 GST thoughts of Christmas
12 GST thoughts of Christmas: 1. There's no GST on gifts (so Santa is probably not GST registered). 2. GST registered businesses can claim back the GST on gifts they buy for staff, suppliers and customers. 3. If you buy someone a gift voucher for Christmas it's quite...
1st April
Don't forget the big GST changes which come into effect tomorrow. These changes impact you if you are a business and: - enter into any transaction involving land. - supply residential accommodation. - supply financial services. - supply fine metals like gold and...
New rules fly in under urgency
The Government had Parliament sit under urgency at the end of last week to help get away some pretty significant legislation. New GST law was passed on Friday and now awaits the GG's signature, expected this week. Once enacted the new law means: - Transactions...