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ATO reminds accountants about common GST slip-up

A common client error with GST is something tax agents should watch out for as the tax profession edges closer towards its busy season.

ATO reminds accountants about common GST slip-up
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  • Shared by AccountantsDaily
  • February 07, 2018
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Clients who conduct irregular activity that generates income but nil profits are often not aware that they may have a hobby as opposed to a business, and may be unable to claim GST credits on their purchases.

Read the full article on Accountants Daily.

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