“PLUS” GST – HOW ONE WORD COSTS $290,000
By Andrew Henshaw, Director, Velocity Legal
In a recent case regarding a sale of land contract, the lack of the word PLUS ended up costing $290,000. The case highlights the importance of completing contracts correctly and getting proper tax advice well before signing material contracts.
Andrew leads Velocity Legal’s Sydney practice.
If you are in a fight with the ATO or looking to restructure your business, you should have Andrew in your corner. Andrew is passionate about getting wins for his clients, solving difficult legal issues, and giving his clients clear and confident guidance. Andrew is a Chartered Tax Advisor, holds a Masters of Law from the University of Melbourne and is the author of ‘Life, Death and Taxes’. Andrew is also a passionate snowboarder and is always up for the next adventure in life.