Since the implementation of the Goods and Services Tax (GST) in 2000, PricewaterhouseCoopers’ specialist GST team has provided practical, high quality, reliable advice on a broad spectrum of GST issues to businesses of all sizes, in a range of industries, including not-for-profit organisations and the government.
How PwC can help you
We assist our clients with compliance matters, audit and dispute resolution as well as advising on complex and sophisticated transactions. By investing the time to understand the nature of our clients’ businesses we develop solutions to maximise input tax credit recovery, minimise cash flow impacts, streamline compliance requirements and build relationships with the Australian Taxation Office ("ATO”) and other relevant government bodies.
Case Study - Dispute Resolution
In the area of audit and dispute resolution, we have assisted many of our clients negotiate favourable outcomes with the ATO. In one instance, the ATO had assessed one of our clients in the transport industry with a GST liability of $700,000 plus penalties and a general interest charge. Through discussions and representations to the ATO, the final GST liability was reduced by almost $600,000 with a remission of penalties and interest also achieved. With the ATO audit over, and the ATO agreeing to treat the client as a low risk and compliant taxpayer going forward, we are now assisting our client implement strategies for minimising GST risks, improving overall compliance and building relationships with the ATO.
More case studies
Patrick Walker joins the Australian GST team
PwC Australia is pleased to welcome Patrick Walker to the Australian GST team.
Patrick has been a Partner with PricewaterhouseCoopers in the UK for 8 years, and has recently joined the Australian practice to take on the role of national Goods and Services Tax (GST) leader.
