Description

The biggest GST reform in years

Using practical examples, this webinar will cover key GST changes made in The Taxation (Annual Rates, GST, and Remedial Matters) Act 2022 and important changes proposed to the GST apportionment rules:

Whether its land developers claiming second goods credits; registered persons disposing of mixed-use assets; or everyday businesses issuing tax invoices, changes covered in this webinar include:

• Secondhand goods input deductions for associated persons.
• GST B2B compulsory zero-rating (CZR) of land – changes.
• New tax invoicing rules - The Modernised Invoicing Rules.
• GST input tax recovery for non-resident businesses.
• A host of other permissive GST changes including: cryptocurrencies, disposal of assets used for taxable and non-taxable use, GST groups and Supplier Groups, buyer-created invoices, supplies under $1,000 and low-value transactions from $50 to $200.

We’ll also cover changes proposed to the GST apportionment rules.

ORIGINAL BROADCAST DATE

26 July 2022

LEARNING OUTCOMES

This webinar will provide attendees with a broad understanding of the key GST changes applying from 30 March 2022 and additional GST changes proposed to the GST apportionment rules.

SUITED TO

Accountants, lawyers and business owners involved with GST compliance and GST on related transactions.

PRESENTER

Maurits van den Berg, Senior Manager Taxation Services, Baker Tilly Staples Rodway Auckland Limited.