LF logo
by learnformula
search
Log in
search
Courses/Accounting & Tax/Accounting

GST Essentials: A Comprehensive Review of the Rules

Understand the foundational GST rules, including taxable activity, exempt supplies, compliance requirements, and recent legislative updates.

Created byTEO Training
BeginnerUpdated Jan 19, 2025
GST Essentials: A Comprehensive Review of the Rules

What You'll Learn

check_circleIdentify the rules and their practical application.
check_circleGain confidence in understanding the essentials of GST.
check_circleRecognize rules applicable to common business transactions.
check_circleAvoid costly mistakes by applying GST principles accurately.

About This Course

GST is part of everyday life in New Zealand.Being so much part of everything we do in business, the essentials of this tax are often taken for granted or overlooked. In most cases, the GST impact of a transaction is straightforward. In some cases, a lack of understanding of these essentials can lead to costly mistakes.

This webinar will provide a clear analysis of the essentials of the legislation and will give attendees the tools they need to work with GST. It will review the new rules for GST documentation and record-keeping that came into force on 1 April 2023.

Specifically, we will cover:

  • The difference between taxable and zero-rated supplies.
  • Going concerns.
  • What a supply is.
  • Exempt supplies.
  • The requirements for registration.
  • What constitutes a “taxable activity.”
  • How to determine the value and time of a supply.
  • Documentation and record-keeping.
  • The GST accounting methods and periods.

Suited to: This is an introduction to GST and would best suit anybody beginning work in an accountancy practice or a financial position within a business. It would also be a great refresher for those who have worked with GST for some time.

Your Instructors

TEO Training
TEO Training
menu_book204 courses
star214 reviews

TEO Training provides practical learning experiences on primarily tax-related topics for accountants, lawyers and business advisors across New Zealand.

Mike Hadwin
Mike Hadwin

Director, Symmetry Advisory

Mike is a regular presenter for TEO Training. You’ll learn from Mike’s 30-plus years of tax experience as a public Chartered Accountant (CA) and facilitator. His clear presentation style enables you to quickly understand and apply practical learning concepts to common situations you may face in your role.

Credit Information

What Students Are Saying

0.0
Student's Choice
0 reviews

Frequently Asked Questions

We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.