GST in farming enterprises
Published Date: 18 Apr 2024
This session delved into the intricacies of the Goods and Services Tax (GST) specifically tailored for farming enterprises, encompassing both sizable agricultural operations and smaller ventures.
Throughout the session, our exploration covered key elements, including:
- Understanding the intricacies of GST as it applies to the industry, including the what, when, and how of its operation and application
- GST operational, financial and structuring opportunities (i.e. GST grouping, etc)
- Discussing approaches and best practices to achieve GST compliance and maximise GST savings
- Delving into GST concessions including farmland and the margin scheme tailored to the unique requirements of farming enterprises; and
- Examining the principles and practices of tax governance for GST, and recent ATO activity.
Individual Session
Details
- Published By: Ajay Ravi
- Published On:18 Apr 2024
- Took place at:Stamford Plaza Brisbane
The material is copyright. Apart any fair dealing for the purpose of private study, research criticism or review, as permitted under the copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.
Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.
The Tax Institute
(ABN 45 008 392 372 (PRV14016))
("TTI")
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
Copyright Statement
All materials provided on this site are protected by copyright and are owned by or licensed to TTI.
Except as expressly permitted by TTI or the copyright owner, any person or company who uses this site must not use, reproduce, redistribute, retransmit, publish or otherwise transfer, or commercially exploit, the materials or any information, software or other content, in whole or in part, which is available through this site.
Tags
Share this page