TDS 22/05 – Weathertightness Payments by Crown & GST

The Crown FAP (Financial Assistance Payments) to the taxpayer are gratuitous payments to encourage or promote the repair of leaky buildings. Accordingly, the payments are in the nature of a grant or a subsidy for the purposes of s 5(6)D of the Goods and Services Tax Act and consequently subject to GST.

August 2022