GST Margin Scheme

By |2022-04-04T01:40:25+00:00February 2nd, 2022|GST, GST ARTICLES|

GST Margin Scheme What Is the GST Margin Scheme? GST is levied on taxable supplies (including the supply of new residential remises). Ordinarily, GST is calculated on the total value of the supply, however, where the GST margin scheme applies, GST payable is calculated on the ‘margin’ rather than the total value of the supply [...]