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Simplification of the GST rules in relation to taxes, fees and charges
23 May 2011
The Government has proposed simplified ‘principles-based’ legislation in relation to the GST treatment of taxes, fees and charges.
In broad terms, regulatory charges that do not relate to particular goods and services are exempt from GST, however supplies and services by government related entities are generally intended to be subject to GST.
The new regulations are intended to apply from 1 July 2011.
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The material and contents provided on this website and in our print, email or downloadable publications are informative in nature only. It is not intended to be advice and you should not act specifically on the basis of this information alone. If expert assistance is required, professional advice should be obtained. Liability limited by a scheme approved under Professional Standard Legislation.
