New from the Australian Taxation Office: guidance on GST and grants.
The ATO has indicated that they have started a review of ‘GSTR 2000/11 - Goods and Services Tax: grants of financial assistance’ and will be issuing a draft public ruling; until GSTR 2000/11 is withdrawn, organisations should continue to follow the guidance provided in this ruling.
As previously noted, the Tax Office website will be shut down over the Christmas break, so if you need to download, print or read GSTR 2000/11 you should do so before 24 December.
Dec. 22, 2008
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