Jax Limited is GST registered company and has chosen the invoice basis for the two monthly GST taxable periods ending 31 March 2021. The company is involved in several business activities including the purchase and sale of goods and services both in New Zealand and overseas; land transactions; property investments; and other business activities. Do we charge GST on these activities? or Zero rated or exempted?

1. The company received $11,536.80 (GST inclusive) for professional services in relation to starting a business.
2. The company received taxable supplies amounting to $16,500 (GST exclusive) for part settlement of its credit sales Invoice AO1027.
3. The company wrote off bad debt (Invoice AO788) of $25,198.80 (GST inclusive).
4. The company recovered a debt (Invoice AO82 of $23,794.65 (GST inclusive) which was written off in a previous GST period.
5. The company sold its branch operations in Te Awam Muttu and received $81,364.80. The branch operations obtain its products from the company’s head office operations and is dependent on these supplies to operate as a going concern. The branch operations is a going concern at the time of sale, right up to the time of the transfer to the buyer.
6. The company sold its dairy farm to a GST-registered farmer for $3,795,000. The sale consists of land and buildings for $3,300,000 but excluding machinery and herd $495,000. They sent an invoice to the farmer.
7. The company sold land to Sally (not GST registered) for $74,250 (GST exclusive). Sally intends to use the land to build a house which is to be used as a principal place of residence for her family. The company sent an invoice to Sally.
8. The company sold land in Tokoroa to Elderly Limited (GST registered) and sent an invoice for $59,400 (GST exclusive). Elderly limited intends to use the land to build rest homes or hospice for elderly residents in South Waikato.
9. The company also operates a farmstay. The property for the farmastay has been leased with monthly leased payments of $13,200 (GST exclusive)
10. The dishonored cheque $25,881.90 was in relation to credit sales Invoice 744 issued in the previous taxable period but the company has now considered it as bad debt.
11. The company sold goods amounting to $13,282.50 on lay-by. The goods were delivered in April 2021.
12. The company received rates invoice from Hamilton City Council for $39,847.50 for one of its business premises. The invoice date was 20 March 2021 and the payment was made on 15 April 2021.