Acquisitions & Input Tax Credits – GST Basics 2025

Turn to the other side of the transaction and dive into acquisitions and input tax credits that might be claimable.

In this unit, we cover:

• Recap of Basic GST Rules and Concepts

• Creditable Acquisitions

  • “Acquisitions”

• Claiming Input Tax Credits (ITCs)

• Creditable purpose

• Apportionment & Partly creditable

• Consideration

  • Related party transactions

• Preparing a BAS

  • BAS lodgement admin

  • Attribution of input tax credits

Date recorded: 9 September 2025