Some organisations may receive grants, sponsorships or donations to cover the expenses for the free or subsidised activities carried on by them. These organisations may not be able to claim all the input tax incurred.
This workshop aims to provide participants with a better understanding of the GST treatment on non-business receipts and input tax apportionment methodology.
• Business or non-business receipts ?
• Business test
• Non-business receipts or Taxable supplies ?
• Grants
• Donations
• Sponsorships
• Input tax recovery rules
• Deemed supplies