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WTI 2004/9

AUSTRALIAN GOVERNMENT

This legislative instrument has been repealed by WTI 2008/1 - Corporate Card Statements (3 September 2008).

A New Tax System (Goods and Services Tax) Act 1999

I, Anthony Long in the exercise of the powers and functions conferred upon me, by delegation from the Commissioner of Taxation pursuant to section 8 of the Taxation Administration Act 1953 (Cth), do hereby determine Under subsection 29-10(3) of the A New Tax System (Goods and Services Tax) Act 1999:

Citation

1. This determination is the A New Tax System (Goods and Services Tax) Waiver of Tax Invoice Requirement Determination (No. 9) 2004 - members of Custom Service Leasing Limited.

Commencement and Application

2. (1) This determination commences on 1 July 2004.

(2) This determination terminates the A New Tax System (Goods and Services Tax) Act 1999 Waiver of Tax Invoice Requirement Determination (No. 5) 2001 - members of CUSTOM SERVICE LEASING LIMITED (the "predecessor determination").

(3) This determination does not revoke or vary any other previous determination made by the Commissioner or a delegate of the Commissioner.

(4) This determination applies in relation to net amounts for tax periods starting on or after 1 July 2004.

(5) The predecessor determination ceases to apply in relation to net amounts for tax periods starting on or after 1 July 2004.

Circumstances where the requirement for a tax invoice does not apply

3. The circumstance set out in the following paragraphs is the circumstance of a kind in which the requirement for a tax invoice under subsection 29-10(3) of the Act does not apply.

4. A member of Custom Service Leasing Limited will not be required to hold a tax invoice for a creditable acquisition purchased with the Fleet Card in order to attribute an input tax credit on the acquisition to a tax period provided that at the time the member gives its GST return/Business Activity Statement ("BAS") for the tax period to the Commissioner:

(a)
The member holds a Custom Fleet Financial Statement produced by Custom Service Leasing Limited that includes the following details:

(i)
The member's name;
(ii)
The name(s) of the person(s) who uses the Fleet Card to purchase the creditable acquisition(s) or, in the case of fuel cards, the vehicle identifier;
(iii)
The member's Australian Business Number ('ABN') or address; and
(iv)
For each acquisition for which the member may claim an input tax credit, the Custom Fleet Financial Statement has:

•
the date the member purchased the acquisition;
•
the supplier's name;
•
the supplier's ABN;
•
the supplier's Branch Registration Number (where applicable);
•
a brief description of the acquisition or, if that is not available, a description of the supplier's industry;
•
the amount of GST paid; and
•
the total amount paid;

(b)
The member has an effectively regulated corporate policy for making adjustments for expenditure on the Fleet Card that is of a private or domestic nature and was not made in connection with carrying on the member's enterprise;
(c)
The member has supplementary documentation supporting each acquisition on the Custom Fleet Financial Statement that has a private or domestic component, and the documentary evidence clearly identifies the creditable and non-creditable components of the acquisition;
(d)
Custom Service Leasing Limited meets the conditions set out in paragraphs 5 and 6 below.

5. Custom Service Leasing Limited must provide the date that each supply on the statement was purchased.

6. Where all the information on the statement is not provided by the merchant to Custom Service Leasing Limited, the latter may, until 30 June 2006, calculate the amount of GST on the supply, provided Custom Service Leasing Limited:

(a)
has obtained a signed statement from each merchant that states:

(i)
the merchant's ABN and Branch Registration Number (where applicable);
(ii)
whether or not the merchant is registered for GST;
(iii)
the type of supply or supplies (ie. taxable, GST-free and/or input taxed) the merchant provides;
(iv)
where the merchant only provides taxable supplies, whether or not GST is calculated at 1/11th of the price for all the taxable supplies the merchant provides; and
(v)
the merchant will provide Custom Service Leasing Limited with an undertaking that it will be notified -

•
when the merchant ceases to be registered for GST; or
•
when the merchant ceases to make only taxable supplies where the GST is calculated at 1/11th of the price;

(b)
retains the signed statement for at least 5 years after the merchant ceases their association with Custom Service Leasing Limited;
(c)
clearly identifies each supply in the statement that may be a GST-free, input taxed or mixed supply;
(d)
clearly identifies each supply where GST may not be 1/11th of the price;
(e)
where a supply has been identified as being a supply that may be GST-free or input taxed or a supply where GST may not be 1/11th of the price, advises the member to obtain a tax invoice before attributing an input tax credit to a tax period; and
(f)
where Custom Service Leasing Limited has obtained information that the merchant is not registered, or ceases to be registered for GST, Custom Service Leasing Limited must not calculate an amount of GST for supplies from that merchant. Instead, Custom Service Leasing Limited must state that the amount of GST included in the price of the supply is $nil.

Situations where a tax invoice is still required

7. The member will still need to obtain a tax invoice before attributing input tax credits to a tax period for a supply on the Custom Fleet Financial Statement where:

(a)
the Custom Fleet Financial Statement indicates that the supply may be a mixed supply or a taxable supply where GST is not 1/11th of the price; or
(b)
where there is an error on the Custom Fleet Financial Statement in relation to the supply.

Definitions

8. The following expressions are defined for the purposes of this determination:

the Act means the A New Tax System (Goods and Services Tax) Act 1999.
The person(s) who uses the Fleet Card includes a partner, sole trader, director or employee of an entity.
Custom Fleet Financial Statement is a statement of liability that is issued by Custom Service Leasing Limited to one of its clients.
Fleet Card is a corporate card that is issued to and in the name of an entity and is used to purchase goods and services for commercial purposes.
Member is the registered entity that is a corporate holder of the Fleet Card.
Mixed supply is a supply of one or more taxable supplies and any one of the following supplies:

•
a supply that is GST-free or input taxed;
•
a supply that was made before 1 July 2000.

Other expressions in this determination have the same meaning as in the Act.


Dated this 9th day of July 2004.

Anthony Long
ASSISTANT DEPUTY COMMISSIONER OF TAXATION
Goods and Services Tax (Financial Supplies & Insurance)

F2005B01862

9 June 2005