GST Apportionment Rules Simplified: Key Changes and Compliance Tips
The GST Apportionment rules (or change-of-use rules) were amended from 1 April 2011 with the scrapping of the principal purpose test and the introduction of the percentage use approach. This change was meant to simplify the adjustments required where goods and services are used for taxable and non-taxable purposes. However, they have proved complex and compliance intensive, and are poorly understood.
As a result, significant amendments to the GST apportionment rules to simplify them and reduce compliance are proposed.
This webinar will examine the proposed amendments including:
Suited to:
This webinar is intended for accountants working with GST from those preparing GST returns for clients through to senior staff members advising clients on their GST obligations.
It is suitable for accountants in public practice, corporate accountants, and in business.
TEO Training provides practical learning experiences on primarily tax-related topics for accountants, lawyers and business advisors across New Zealand.
Partner – Tax Advisory, Findex/Crowe
Stephen Richards is Partner in the Tax Advisory team at Findex. Findex is one of the largest providers of integrated financial advisory and accounting services to individuals, SMEs, and corporates in Australasia. Stephen has been practising in tax advisory for over 20 years and is a sought-after speaker on tax topics, including for CCH, CAANZ, and TEO Training courses and lecturing in taxation practice at the University of Otago. Stephen is renowned for making complex topics understandable.
