Taxes, duties and government charges. The Australian Taxation Office (ATO) advises that Department of Veterans’ Affairs (DVA) grants are considered a Financial Assistance Payment and as such, are not subject to GST. Organisations Registered for GST: In accordance with ATO advice, the grant you receive from DVA is not considered as a taxable supply, therefore, there is no need to remit any GST to the ATO. You may wish to claim an input tax credit through your BAS Statement to the ATO for any GST component of purchased items or services.
Appears in 3 contracts
Samples: Commonwealth Simple Grant Agreement, Commonwealth Simple Grant Agreement, Commonwealth Simple Grant Agreement
Taxes, duties and government charges. The Australian Taxation Office (ATO) advises that Department of Veterans’ Affairs (DVA) grants are considered a Financial Assistance Payment and as such, are not subject to GST. Organisations Registered for GST: In accordance with ATO advice, the grant you receive from DVA is not considered as a taxable supply, therefore, there is no need to remit any GST to the ATO. You may wish to claim an input tax credit through your BAS Statement to the ATO for any GST component of purchased items or services.
Appears in 3 contracts
Samples: Commonwealth Simple Grant Agreement, Commonwealth Simple Grant Agreement, Commonwealth Simple Grant Agreement
