March is the month when any GST adjustments are required to be made. There can be a number of situations where GST adjustments are required, for example:
- Adjusting for property coming into and exiting the GST net.
- Where property is used for both taxable and exempt activities e.g. property developers temporarily renting property.
- Assets used for GST taxable and private use.
We will consider the required adjustments, the calculations and the de minimis rule.
The webinar is 1 hour plus a 15 minute Q&A session.
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