Published on 06 Sep 12
by NATIONAL DIVISION, THE TAX INSTITUTE
Most businesses will be exposed in some way to issues concerning compensation for loss, whether through insurance or damages or warranty claims. Natural disasters in recent times have brought insurance issues into particular focus.
This presentation covers:
scenario 1 – standard business asset insurance
scenario 2 – transit insurance for staff relocations
disclosure of input tax credit entitlement to the insurer
insurance settlements – general observations
supplies of goods
ex-gratia insurance settlements
Michael is a Director in PwC’s dedicated Financial
Services GST Practice. Michael has a national role with PwC in
relation to Financial Services (particularly General insurance, Life
insurance and Superannuation matters) as well as a local Brisbane
role jointly leading PwC’s Brisbane GST Practice. He has in depth
experience in technical and practical GST issues having worked
in-house leading the Indirect Tax team for the Suncorp Group for
over 5 years and as well as being an active member of the GST
committees of a number of key industry bodies. Today, Michael’s
practice at PwC includes health, life and general insurance clients
across the private and government sectors as well as more
traditional financial services clients. Current at 27 August 2012
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
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