
Input tax is defined as the VAT incurred on the supply of goods or services to the vendor; VAT incurred on the importation of goods; and VAT on excise duty. Also included in the definition of input tax is, inter alia, the deemed input tax deduction on the acquisition of second-hand goods. Input tax is only deductible to the extent that it is incurred for the purpose of consumption, use or supply, in the course of making taxable supplies. This course focuses on when VAT may be claimed, under which circumstances as well as the timing of the claim. Also, which inputs are specifically denied.
All Included:
Use this section to build trust and create a personal connection with your customers. The more a prospective customer knows about you, the more likely they are to purchase from your store. Use this section to explain why your store is the best place to purchase the type of goods you sell. Be sure to highlight the things that make your products and services unique. For example, are your items made locally, sourced from special ingredients or customized? This is the place to tell your customers how great your products and services are. Leave a memorable impression that makes them want to tell their friends about you and come back for more. Free shipping? Do you support a charity? Let them know here!
Gary Garbutt,
Head of Operations
Biz Facility Pty Ltd
(Registration number: 2011/105349/07)
Mission Statement:
To provide value added skills and tools through superior training and engagement that enables our clients to become more financially skilled.
Our Vision:
To provide practical skills and tools to small and medium business owners and individuals, in order to effectively utilize accounting data to manage their business or area of operation, and to effectively manage their tax obligations, both personally and professionally.
Biz Facility, founded in 2010, was founded to provide practical training interventions to small and medium sized businesses, as well as individuals, to equip clients in managing their business’s and tax affairs more effectively.Biz Facility provides both training and financial services to its clients: