GST Credits for Making Financial Supplies

Master the tricky GST rules for financial supplies including financial acquisition thresholds, apportionment and GST credits.

In this session, we cover: 

• What is, and is not, a financial supply

• Division 11: why the credit is denied 

• Way out one: what the borrowing was for

• Way out two: the financial acquisitions threshold

• Working the threshold, with numbers

• What the threshold does and does not rescue

• Reduced Input Tax Credits (RITC): Division 70  

• Case study: a capital raising

• What to take away, and where to look it up