GST Implementation & Advice
Following the introduction of the Goods and Services Tax (GST) from 1 July 2000 most Australian businesses are now required to collect and remit GST to the Australian
Taxation Office (ATO). The implementation, set up and ongoing review of the business’ accounting system to capture GST collected and GST paid is now crucial to streamline the administrative burden resulting from the introduction of the GST.
Cooper Reeves can assist with ensuring administration of the GST is handled in an accurate, timely and efficient manner. Advice can also be provided in relation to the technical aspects of the GST legislation including exemptions, input tax supplies, adjustment events, the margin scheme etc.