GST - Common Mistakes and How to Avoid Them 2024 - 4 July 2024 (On Demand)
1.5 CPD Hours
Description
This webinar will help you to identify common GST mistakes, so you can assist your clients to apply the GST rules correctly, and achieve the GST outcomes they expect.
A highlight of this webinar will be consideration of Inland Revenue’s latest guidance on when the subdivision of land will be a “taxable activity” for GST purposes, and the new GST rules applying to accommodation and transportation services supplied through online marketplaces.
Extensive use of case studies will highlight a number of areas where mistakes are commonly made when dealing with GST.
ORIGINAL BROADCAST DATE
4 July 2024
LEARNING OUTCOMES
You will:
- Know how to identify “red flags” in transactions and situations in which GST mistakes commonly arise.
- Learn about Inland Revenue’s latest guidance on when the subdivision of land will be a “taxable activity” for GST purposes.
- Learn about recent changes to the GST rules applying to accommodation and transportation services supplied through online marketplaces.
- Know how GST applies to holiday homes used to provide short-stay accommodation, including the GST position when the taxable use ends.
- Understand the issues arising from property transactions which commonly give rise to GST mistakes, including issues in completing the ADLS sale and purchase agreement, zero-rating issues, and second-hand goods credit claims.
SUITED TO
Accountants of all levels, tax lawyers, property lawyers and others who advise clients on GST issues.
PRESENTER
Harry Waddell, Senior Associate, Tomlinson Law.