Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

WHAT SUPPLIES ARE INPUT TAXED?

input TAXED
0
10 Posted

WHAT SUPPLIES ARE INPUT TAXED?

0
10

If a supply is input taxed you are not charged GST on the supply, but on the other hand you cannot claim input tax credits. Input tax supplies include: financial services; supplies of residential rents; and supplies of residential premises (other than sales of new homes).

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123