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05 May 10 Changes to GST from 1 July 2010

Tax Laws Amendment (2010 GST Administration Measures No 1) Bill 2010 received Royal Assent on 24 March 2010. The Act contains 2 measures arising from the Board of Taxation review into the administration of GST, both of which commence on 1 July 2010.

These measures relate to:

  • attribution of input tax credits
  • adjustments for third party payments.

For more information on these measures from the ATO, go here

 


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