Input-taxed Supplies

There are a small number of supplies that are Input-taxed

If you make an input-taxed supply, you cannot charge GST but you cannot claim back any of your GST paid.

Input-taxed supplies include:

• Financial supplies

• Residential premises for rent

• Sales of residential premises (but not new homes)

• food at school tuckshops (optional);

• fundraising activities of charities (optional)

• certain transactions involving precious metals

When a supply is both a GST-free supply and an input-taxed supply, it is treated as the former.