GST Claim on Overseas Income

Question

 · Accepted Answer

MelATO · Answer

Yes, she can.  However, the amount of GST claimable (https://www.ato.gov.au/businesses-and-organisations/gst-excise-and-indirect-taxes/gst/in-detail/your-industry/motor-vehicle-and-transport/gst-and-motor-vehicles/purchasing-a-motor-vehicle) depends on whether the vehicle is solely for business use, or both business and personal. If the car is used for both business and personal, you will only be able to make a partial GST claim based on the business use of the vehicle. If the vehicle is solely business use, then you can claim full GST credit. Remember you need to also have a tax invoice.

Explore tax & super topicsExplore tax & super topics

About usAbout us