Division 93 of the GST Act sets a four year limit for claiming ITCs and FTCs. Missing this means losing the right to claim. The ATO's Ruling MT 2024/1 explains how this works and when claims are timely.
The ATO is enhancing its Justified Trust program for GST, expanding mandatory reporting for large public and multinational taxpayers.
The ATO’s GST Analytical Tool and data testing has been designed to achieve high assurance in GST governance.
Learn how to navigate Combined Assurance Reviews (CARs) and ensure GST compliance with insights on tax governance, voluntary disclosures, BAS preparation, and more. Our experienced team provides guidance to help you prepare for ATO scrutiny and maintain confidence in your tax affairs.
The ATO's potential GST changes for renewable energy projects may pose financial challenges.
GST and property: AAT's key ruling in Lance vs Taxation [2024] AATA 11.
If you are a superannuation fund or an investor-directed portfolio service (IDPS), there is an updated compliance approach issued by the ATO in respect of claiming reduced input tax credits (RITCs) for GST paid on adviser services fees.