Tax Fundamentals – Goods and Services Tax

At the conclusion of this training, attendees should be able to:

• define an enterprise;
• identify whether supplies are made in the course of an enterprise;
• differentiate between taxable, GST-free and input taxed supplies;
• identify whether a creditable acquisition has been made;
• calculate a taxpayer’s net amount; and
• understand the reporting and payment obligations under the GST system.

The currency of this resource material is at 20 January 2021.