Set off against mobile handset

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27 Points Posted on 27 January 2021
Proprietor bye a new mobile for his personal use. He also registered person. can he take set off against this bill?
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On 27 January 2021 at 23:54 Report
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Quick Summary
This discussion clarifies whether a proprietor can claim tax set-off on a new mobile handset purchased for personal use. The general rule is that GST input tax credit is not available for personal expenses, meaning you cannot adjust such bills against your business tax liabilities.

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Chartered Accountant
24588 Points Posted on 28 January 2021
No for personal use set off cannot be adjusted against such bill
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On 28 January 2021 at 06:35
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Practicing Chartered Accountant
959 Points Posted on 28 January 2021
GST Input Tax Credit is not available on personal expenses.
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On 28 January 2021 at 09:54

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