When you oncharge electricity to a commercial tenant and the electricity invoice includes the SA govt rebate (which is gst free) - do you deduct the rebate amount then calculate gst on the new total - ie the invoice has a gst credit on the rebate amount?
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Yes. You claim [cost and] GST credits only on the portion paid by you. [You pass on the cost that you paid] [The GST that's on the electricity invoice is what the provider is collecting and sending to ATO]
The language is simpler on this page.
It's a bit wordy, but the ATO explanation you can read it here.
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Yes. You claim [cost and] GST credits only on the portion paid by you. [You pass on the cost that you paid] [The GST that's on the electricity invoice is what the provider is collecting and sending to ATO]
The language is simpler on this page.
It's a bit wordy, but the ATO explanation you can read it here.
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