“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 acts for a diverse range of private businesses, high net-wealth individuals and family groups. He specialises in business structuring, tax disputes and complex tax issues. He is passionate about leading by example, getting wins for his clients, solving difficult legal issues and … snowboarding!