Australian GST Handbook 2018 - 19

The Australian GST Handbook 2018-19 comprehensively explains the operation of the GST system, covering all aspects of the GST legislation and its relationship with other taxes, including income tax and FBT. The GST Handbook focuses on practical explanations of the GST system, with a critical appraisal of key GST legislation, rulings and cases. Solid understanding of all areas is facilitated by overviews and worked examples. It has a depth of coverage and analysis not matched by other GST guides. Written from practical GST experience, the GST Handbook is indispensable for practitioners and students alike. What’s New Commencement of the low-value imported goods rules on 1 July 2018. Purchasers of new residential premises (and some vacant land) to remit GST directly to the ATO. Digital currencies treated as foreign currency for GST purposes – but which ones? Increased concessions for small business (via the increased aggregate turnover threshold). The ATO is now unable to use the Corporations Act 2001 to go back further than 4 years to recover tax debt. Further developments in the connected to Australia (or “indirect tax zone”) rules (via new ATO rulings). Netflix tax: 12 months on. The 2018-19 edition is accurate and up-to-date as at 1 July 2018. The online version of the Australian GST Handbook is updated as required throughout the year. The Australian GST Handbook is also available as an e-book.