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These notes are intended to be a guide only. None of the comments contained in these seminar notes are intended to be advice, whether legal, financial or professional. You should not act solely on the basis of the information contained in these notes because many aspects of the material have been generalised and the tax laws apply differently to different people in different circumstances. Further, as tax and related laws change frequently, there may have been changes to the law since the notes were written. Specific advice should always be obtained from a tax professional.
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Notes Online Home 2018 Tax Hot Spots Latest GST Developments
Property developer denied claim for input tax credits despite having tax invoices
This section of the seminar notes highlights a case in which a property developer was denied claim for input tax credits despite having tax invoices:
- The legislative background to claiming ITCs
- Background to GH1’s case
- The tribunal’s decision in GH1’s case
- Implications of GH1’s case
