Grant Thornton

GST & Indirect Taxes

GST

GST is now well established, but many businesses find they have compliance and interpretive issues. The ATO is also undertaking an aggressive audit program.

Grant Thornton can assist in handling audits and resolve issues with the ATO. In addition, we provide a ‘health check’ or a review of your systems to minimise the risk of problems.

You may also require assistance in a full range of transactions, including business sales and acquisitions, debt and equity raising, international trade, of which we can assist.

We aim to find the solution that best ‘fits’ your business.

Our GST services include:

  • GST transaction advice
  • Compliance assurance
  • BAS reviews
  • ‘Health checks’
  • ATO audit management
  • Objections & appeals
  • Private rulings

GST can be confusing and at times complicated. It applies to many different areas, some not always so obvious, including:

  • Land & property
  • Enterprise issues
  • Claiming credits
  • GST structures; grouping, partnership and joint ventures
  • International transactions
  • Health & education
  • Financial suppliers, including debt and equity raising
  • Sale and restructure of businesses
  • Not for profits

 

 

INDIRECT TAXES

State taxes

The State and Territory revenue authorities are becoming increasingly active in their audit activity. Grant Thornton is experienced in obtaining exemptions, handling objections and managing audits.

Objections have given clients significant savings. A review of activities, however, removes the need to make an objection and ensures that all available relief is obtained. 

State taxes can include:

  • Stamp duty
  • Sales of real property
  • Sales of businesses
  • Corporate reconstructions
  • Land rich issues
  • Payroll tax
  • Grouping
  • Contractors
  • Wages
  • Land tax
  • Work cover

 

Next, learn about Transfer Pricing and its tax implications.

 
 

If you find these services interesting


Then perhaps you will be also interested in information on Doing Business in Australia or relevant AIIA.biz Expert Research & Reports.