Author(s): Damien CLARKE In order to fully appreciate the GST implications on contractual arrangements it is necessary to examine the broad concepts on GST and the impact the transitional provisions have on GST. This paper is divided into three parts : a general overview of GST, transitional provisions in the ANTS (Transition) Bill, and a discussion of some specific issues relating to long term contracts.
Author(s): Craig DARLEY My paper today is on the Goods and Services Tax (GST) and its implications for small business. Obviously, I am not going to be able to address all the GST implications for small business in the time allotted. As such, I intend to cover those areas which I consider important for small business to give due consideration to.