GST Solutions - The Quinn Group - Accountants, Lawyers, Financial Planners


	home \| about us \| site map \| contact us 1300 Quinns (1300 784 667)
GST Solutions was formed in response to the implementation of the Australian Goods and Services Tax. We work closely with business owners, company directors and financial controllers to resolve ALL GST problems including problems with the Australian Taxation Office.

Summary of Effect of GST on contracts

Status of Contract	Contract made before 2 December 1998	Contract made on or after 2 December 1998and before 8 July 1999	Contract made on or after 8 July 1999
No opportunity to review. Recipient entitled to full input tax credit	Supplies GST-free to 1 July 2005. If contract paid in full before 2 December 1998, all GST-free	Supplies GST-free to 1 July 2005.	Not GST-free for supplies on or after 1 July 2000.
Opportunity to review. Recipient entitled to full input tax credit	Supplies GST-free until earlier of first opportunity to review, or 1 July 2005. If paid in full before 2 December1998, supplies GST-free until first opportunity to review	Supplies GST-free until earlier of first opportunity to review, or 1 July 2005.	Not GST-free for supplies on or after 1 July 2000.
No opportunity to review. Recipient not entitled to full input tax credit	Supplies GST-free to 1 July 2005. If contract paid in full before 2 December 1998, all GST-free.	Not GST-free for supplies on or after1 July 2000.	Not GST-free for supplies on or after1 July 2000.
Opportunity to review. Recipient not entitled to full input tax credit	Supplies GST-free until earlier of first opportunity to review, or 1 July2005. If paid in full before 2 December1998, supplies GST-free until first opportunity to review.	Not GST-free for supplies on or after1 July 2000.	Not GST-free for supplies on or after1 July 2000.

© The Quinn Group Australia Pty Ltd ABN 86 078 526 860
The Quinn Group operates Quinn Consultants and Quinn Lawyers. The Quinn Group provides related information in regard to legal, accounting and financial planning issues. Terms of Use

	The Quinn Group		WorkChoices Solutions		GST Solutions		All Audit Solutions
	Wills & Estates		Patents,Trademarks & Copyright		All Capital Gains Tax Solutions		All Bookkeeping Solutions

website designed by Sumix