GST apportionment decision making guide for financial supply providers Print E-mail
This guide provides a model for you to consider in making choices of apportionment methods. It also helps you record evidence and your reasons for decisions.

When we refer to you in this guide we are referring to you as a business with GST input tax credit apportionment obligations.

This guide does not replace, alter or affect in any way how we interpret the law as discussed in various tax rulings.

The following ATO rulings are relevant:

  • GSTR 2006/3 Goods and services tax: determining the extent of creditable purpose for providers of financial supplies
  • GSTR 2002/2 Goods and services tax: GST treatment of financial supplies and related supplies and acquisitions
  • GSTR 2008/1 Goods and services tax: when do you acquire anything or import goods solely or partly for a creditable purpose?
  • GSTR 2006/4 Goods and services tax: determining the extent of creditable purpose for claiming input tax credits and for making adjustments for changes in extent of creditable purpose
  • GSTR 2003/9 Goods and services tax: financial acquisitions threshold
  • GSTR 2004/1 Goods and services tax: reduced credit acquisition
 

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