Although GST has been around since 1986, and is part of our everyday lives, there continue to be situations that arise when the GST treatment is just not that clear.
This webinar will look at a number of such scenarios and work through the issues, how the rules apply, and the impact GST has on these transactions.
Situations involving change of use, for example, can have quite unexpected outcomes. We are still seeing land sales where the land was acquired pre-GST being introduced where no GST claim was made, or
associated party transactions that limit any GST claim available, even when that seems unjust.
Furthermore, some of the rules have changed over time, such as the introduction of zero-rating of land, and those rules have also evolved as unexpected outcomes have arisen.
The webinar will look at the things that seem to be on the fringes, and yet arise in practice all the time.
Upon satisfactory completion of this activity you will be able to:
- Understand how the GST rules may apply to unusual scenarios.
- Identify the issues that arise when dealing with change of use and associated supplies.
- Consider options for addressing something that doesn’t seem to fit neatly within the rules.
Total CPD Hours: 1.25 hours including 15 minutes for questions
Accountants and Lawyers with clients that have encountered GST scenarios that don’t seem to fit, and those who want to gain a better understanding of the details of the GST rules.
Daniel Gibbons, Partner, Findex/Crowe
Daniel is a Partner for Findex in Queenstown. Daniel has been with Findex for 13 years, where he advises on a wide range of tax matters, including property transactions and property ownership structures, international
taxation issues, the tax treatment of investments and providing structuring advice to clients, including assistance for family group restructures. Daniel is recognised as a leader in the taxation treatment of short stay
accommodation, providing training to other practitioners.
- 31 August 2021
10:00 am - 11:15 am