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Determining GST-Free Supplies by Charities: Benchmark Market Values and Valuations

  • 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.

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