Tax - GST, FBT and others - Intranet
Tax - GST, FBT and others. When purchasing or selling goods and services on behalf of the University, it is essential that all aspects of a transaction comply with tax legislation and Australian Taxation Office (ATO) regulations. Failure to do so exposes the University to the risk of penalties and interest charges. Goods and Services Tax (GST) may be payable or receivable, depending on what is being purchased or sold, and the circumstances of the transaction. It is important that you maintain