GST - Hire firm security bonds
QB 14/06 deals with the GST treatment of bonds taken as security for the safe and on time return of hired goods. It sets out when a forfeited bond is subject to GST.
Tax Technical
QB 14/06 deals with the GST treatment of bonds taken as security for the safe and on time return of hired goods. It sets out when a forfeited bond is subject to GST.