Question
George is an accountant and registered for GST. In addition to his accounting practice George owns several residential investment properties. He rents a house, which
George is an accountant and registered for GST. In addition to his accounting practice George owns several residential investment properties. He rents a house, which has an old stable near the front of the property which has been converted into a bungalow, to Arthur, a solicitor. Arthur decides to hang his shingle from the outside of the bungalow and create a home office from which to run his small but growing tax law practice.
Discuss any ABN and GST implications for George and Arthur.
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Accounting Information System
Authors: James A. Hall
7th Edition
978-1439078570, 1439078572
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