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Did You Know

GST - The end of the going concern exemption.

 

Presently if you buy a business or an occupied commercial property, and both the vendor and purchaser agreed and were both registered, there would be no GST payable. This not only had  the cashflow advantage but also there was no (state) stamp duty levied on the GST. 

 

 

   

Please find attached our 12th Edition of the Tax Matters Newsletter!

This newsletter includes:

- Avoiding common GST errors in your BAS preparation 

- Claiming personal technology as a tax deduction in your next income tax return

- Division 7A and family breakdown

- ATO targeting false Medicare exemptions

Please do not hesitate to contact the office  if you wish to discuss anything further.

Click here to view the complete 12th Edition of the Tax Matters Newsletter

 

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