This paper concentrates on issues that were applicable after 1st July 2000 for Professions relative to GST.
Items discussed are as follows:
- GST Is Now With Us
- Financial Services Input Taxed
- Some Input Tax Credits Available On Financial Services ($50k Or 10% Of The Total Of The Input Tax Credit For The Entity)
- Work In Progress At 30th June 2000
- Business Activity Statement
- G1 - Total Sales And Income And Other Supplies
- G2 - Exports (GST Free Supplies)
- G3 - Other GST Free Supplies
- Acquisitions
- G10 - Capital Acquisitions
- G11 - Other Acquisitions
- Financial Supply Threshold Exception
