Say I build 6 units then plan to sell them as new. I understand gst is payable by the buyer on a new but not a second hand one. If I sell my units...
Hi all, I'll be renting my commercial unit to a charity which is currently GST registered. I can confirm they are registered as a charitable...
An interesting class action has been brought against the Hindmarsh Group for having charged OTP buyers in Canberra GST on their purchases. It...
Hello, I'm just trying to get my head around something and check my understanding with the experienced folk here. I'm going to use a hypothetical...
Hey all, Just a hypothetical as i find deciphering through the ATO's GST info hard to understand. Someone purchases a new block of land with...
Assume I bought a house 10 years ago, lived in it as my PPOR, and finally got around to knocking it down and building a new house. Having moved...
Hi What are the basics one would need to factor for GST re a development ie: build 4 dwellings Hold x 3, presale x 1. Can one pay the GST based...
Are there any changes to the rental income rules? Do we need to pay GST if the turnover is more than 75K even if properties are own by individuals?
Hi all, I'm planning on purchasing a new property, demolishing, subdividing and building 2 units. It will be my PPOR up until I've completed...
Hi all, I'm hoping someone on here can advise...... I'm just new here today. Previous forums I was using have closed and I found PropertyChat...
if 1 has finally done a splitter block on their IP after they have held it for 5-6yrs, and retained the new dwelling for intended long term...
Hi Am i right in saying if I am doing a multi townhouse development and intend to retain all dwellings. That in order to not have to go through...
Hey guys, Need some advise since this is out first IP. We plan to do painting and wall patching, cost us around $2200 before renting this out. My...
Hello all, A complex question for those in the know... FACTS: my recently widowed mother and my aunty (her sister) would like to live next door...
Hello - question isn't related to property but it's right up you guys' alley I run a business - it's a GST registered pty ltd company, so I can...
Hi all, We are planning on developing and holding +5 years onto 3 townhouses. We have approvals to go ahead but have copped a surprise when we...
Hi Everyone, I know this has been answered a few times but wanted some thoughts Situation- Location: NSW We currently have a Family Trust &...
Hopefully the PC brains trust are able to shed some light onto this. Have a friend/client who has recently kicked out his tenant and completely...
Hey Guys, I am about to start a business and just need to know some detail around claiming rent as tax deduction for my office: 1) I will be...
I encounter a number of people who read in our developer toolkit (attached) about strategies around GST. 1. GST applies to sale of new residential...
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