- GST and supplies by charities can be determined by benchmark market values
- Supplies made by endorsed charities may be GST-free if for nominal consideration
- Last updated on 25 August 2024
- Confirm supplies provided by endorsed charities are GST-free
- Market valuations may be necessary
- Benchmark market values can be applied when independent market valuations are not available
- Access benchmark market value tables for accommodation and meals for current and prior years
Source: ato.gov.au
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Australia"
- ATO Withdraws Practice Statement on GST Treatment of Government Agency Fees and Charges
- ATO Finalizes Waiver of Tax Invoice Requirement for Direct Entry Services in 2025
- Addendum to GST Determination on Interconnection Services Supplies by Australian Telecom Providers
- ATO Issues Alert on False Invoicing and Fraudulent GST Credit Claims
- ATO Releases Updated Guide for GST Analytical Tool for Top 1000 Taxpayers