AU0315: Dealing with the Fundamentals of GST

Course Topics:

• Overview of how GST works
• When does GST apply to a transaction?
  
• When must an entity register for GST?
• GST-free supplies and input-taxed supplies - what you need to know
  
• When can an entity claim GST input tax credits?
  
• When is a tax invoice not required?
  
• Attributing GST payable, input tax credits, and adjustments to the correct tax period
  
• Increasing and decreasing adjustments
  

Estimated Time: 1 hour