The book deals with an important contemporary issue which investors simply cannot afford to ignore and which ordinary families will want to understand better - the Goods and Services Tax.

The book explains the basic principles of the new tax and then looks at the likely effects on stock exchange and property investors, on retired persons and on the economy in general.

There are, for example, important differences between the GST in relation to residential and non-residential real estate and these affect home buyers as well as investors. Shareholders and bank customers are subject to different rules again.

This book will also help landlords to decide whether or not to become registered entities for GST purposes and to learn their obligations if they do - in terms of tax invoices, Australian Business Numbers, claims for input tax credits and so on.

It analyses the advantages and disadvantages of monthly returns and of margin schemes. It discusses the need to rethink lease conditions, cash flow budgets, body corporate operations and insurance covers.

The main GST-related technical terms are defined in a specially prepared glossary. A list of useful web sites is included in an appendix. A comprehensive alphabetical index enhances the text and allows investors to locate all aspects of interest to them very readily.

Barbara Smith, the Technical Director of Taxpayers Australia, provided the Foreword.

128 pages   9781876627171   RRP $A17.95