Changes To GST Arrangements For Commercial Hire Purchase Agreements

The Federal Budget in May 2010 introduced some important changes to the GST treatment of Commercial Hire Purchase Agreements which come into effect on 1st July this year. At the moment GST is only payable on the upfront purchase price of an asset which is financed under a Commercial Hire Purchase Agreement. Term charges imposed … Continue reading Changes To GST Arrangements For Commercial Hire Purchase Agreements