So, what happened to the margin scheme?
The margin scheme must be preserved as a vital part of the GST Act, but while the courts have been restoring access to the margin scheme, Parliament is seeking to limit it. As Andrew Sommer explains, these proposed changes might actually bolster the importance of the margin scheme.
Warranties - What? Why? And for how long?
Nikki Robinson, Alexandra Grey and Brendan Dobbie from Clayton Utz explore the scope of protection given by warranties in the sale of a hypothetical hotel, and discuss how warranties work for the benefit of vendor and purchaser.
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