Description
Join us to simplify a complex part of GST and avoid common pitfalls – we clarify on one of GST’s trickiest areas: supplies between associated persons.
When a supply of goods or services is between associated persons a set of specific GST rules apply. These rules can alter the taxable period in which the supplier must account for the supply, the value of the supply on which GST is levied, and the amount of the recipient’s GST input tax deduction. The rules around claiming GST on the acquisition of a secondhand good from an associated person have long been a problem area and have been subject to several amendments over the last few years.
This webinar will cover:
- Who are associated persons for GST purposes
- The Time of Supply rules applying to associated supplies
- The Value of Supply rules applying to associated supplies
- GST input tax deduction when a secondhand good is acquired from an associated person
ORIGINAL BROADCAST DATE
21 April 2026
LEARNING OUTCOMES
Upon satisfactory completion of this webinar, you will be able to:
- Identify when two persons are associated for GST purposes
- Understand the special Time of Supply and Value of Supply rules that apply to associated supplies
- Determine the amount of a secondhand goods GST input claim when the goods were acquired from an associated person.
SUITED TO
This webinar will appeal to accountants at all levels who are advising clients on transactions with associated persons and preparing GST returns.
PRESENTER
Stephen Richards, Partner – Tax Advisory, Findex on behalf of TEO Training
Stephen 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 25 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.
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