GST News: Corrections
Correction - GST News March 2007
In the March 2007 issue of GST News, there is an error in the "Subsidies and grants" section. The second phrase of the second sentence is incorrect.
The text has been amended and the correct version is below.
Subsidies and grants
We've been asked to explain GST requirements on grants and subsidies. Your business or organisation may receive a grant or subsidy from the government, or by a public authority. These all include GST and must be included as income for GST purposes. The only exceptions are grants intended for overseas use for international development.
Date published: 29 Apr 2008
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