Tax office ruling re EPF and GST
Date published :
1
November
2010
DEEWR advise that they have been
recently provided new guidance by the ATO that reimbursement
transaction is a separate taxable supply under GST legislation,
DEEWR will rectify this issue through further payments to the Job
Services Australia provider. These payments will reimburse the
outstanding additional GST amounts for reimbursement transactions
made in the 1 July 2009 to 30 June 2010 financial year as required
under GST legislation. DEEWR will reimburse additional amounts for
separate taxable supplies to Job Services Australia providers once
a system change is implemented to process these reimbursements
automatically. This is planned to occur in November 2010.
A copy of the Tax Office Private
Ruling on this matter can be found on the ATO website at:
http://ato.gov.au/rba/content.asp?doc=/rba/content/1011478547799.htm
http://ato.gov.au/rba/content.asp?doc=/rba/content/1011478547799.htm
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