GST – secondhand goods input tax deduction – associated person limitation - fact sheet

This fact sheet accompanies IS 25/22: GST – Secondhand goods input tax deduction, which discusses the requirements that must be met for a registered person to claim a secondhand goods input tax deduction.  The amount that a person can claim as a secondhand goods input tax deduction may be limited if the goods are acquired from an associated person.  This fact sheet summarises this limitation.