Legislative developments – 2010 – Attribution of input tax credits

Summary

  • Schedule 2 to the Tax Laws Amendment (2010 GST Administration Measures No.1) Act 2010 clarifies that you can continue to attribute GST credits to a current or future tax period, however the four year time limit on claiming credits remains in place
  • The measures apply for tax periods commencing on or after 1 July 2010

Links to documents

Legislation

Media releases

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