gst adjustment

Apportioning GST Annually For Business And Private Purchases

By Warren Kruger / September 24, 2018 / 0 Comments

The general case regarding GST credits is that business owners can claim input tax credits relating to eligible business expenses when you lodge your business activity statement (BAS), which may be monthly or quarterly. However it is not unusual for business owners to occasionally make purchases that contain a private use component. Where expenses are […]

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