GST Masterclass 2 - GST: Acquisitions, Adjustments and Tax Invoices
Overview
We’ve all come across cases where clients have missed out on input tax credits simply because the documentation was either inadequate or lost. This webinar looks at the kind of purchases that give rise to input tax credits and those that do not. It also takes a comprehensive look at the current rules for tax invoices - which documents qualify, and which do not.
The session includes an overview of the rules surrounding reduced credit acquisitions and the operation of the de minimis rule in relation to input tax credits on financial acquisitions.
An area that frequently gives rise to confusion and non-compliance is the issue of adjustments. In this session, we explain what adjustments are, when they arise, and the documentation required when making adjustments.
Testimonial:
"Tony is the consummate professional. Great material with good and relevant practical examples."