Miscellaneous

Comments on Draft Ruling GSTR 2000/D5: Goods and Services Tax: Accounting on a cash basis

Author: Taxpayers Australia Inc,Taxation Institute Of Australia,Australian Society Of Certified Practising Accountants,Institute Of Chartered Accountants In Australia

Published Date: 1 May 2000

 

Sorry, this content is for members only.

To get access to this and 25,000 other premium articles, books, videos and webinars sign up toour members program.

Already a Member? Login Now

Already a Member? Login Now

Joint Submission by the Institute of Chartered Accountants in Australia, the Taxation Institute Of Australia, CPA Australia and the Taxpayers Australia Inc. Comments on Draft Goods & Services Tax Ruling GSTR 2000/D5 Accounting on a cash basis. Generally we agree with the content of this Ruling subject to the following: 1. Paragraph 17 deals with the dishonoring of cheques and notes that they 'may' give rise to an adjustment event under Sec 19. It should also recognise that where a cheque is dishonored the amount can be treated as not having been received in the first instance.
Download

Details

  • Published By:Taxpayers Australia Inc,Taxation Institute Of Australia,Australian Society Of Certified Practising Accountants,Institute Of Chartered Accountants In Australia
  • Published On:1 May 2000

The material is copyright. Apart any fair dealing for the purpose of private study,

research critisism or review, as permitted under the copyright Act, no part may be rerpoduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

Tags

Miscellaneous

Share this page