I’m looking at purchasing an investment property and subdividing off the backyard and selling the land. As I think it would be hard to prove to...
Friends, May I kindly request for any recommendations on GST experts familiar with NDIS? I've got my hands in 3 different flavors (rental income...
We purchased an investment property in 2007, last year we demolished it and built to rent 2 new not equal townhouses and subdivided them this...
Have I got this correct? -Bob inherits a property that was never used to produce income (was PPOR) --He lives in it, establishes PPOR ---He moves...
Looking for an understanding, not advice. Running quick numbers on a dual occ side by side development in melb. The original house was always an...
Hi all If I have always been receiving residential rental income, understand that this income does not attract GST and any expenses etc can be...
Good evening We have built a second house on a block we bought about 10 years ago. The original house has always been rented and stilk is The new...
Hypothetical and more related to purchasing/sellling than actual taxation Build a dual occupancy (detached) with subdivision and live in one as...
Hi Team, My GST registered trust has purchased a vacant block of land from an individual. I am now selling that land to a SMSF. At the time of...
We have a Company car bought and registered under the Business for $60+k.. Been paying FBT each year faithfully. Business is now sold and the car...
Hi everyone, I am looking at an investment purchase of a residential house in NSW. The vendor is a company (Pty Ltd) acting for a discretionary...
Hi, A relative is selling their PPOR to a developer who will rezone & create a retail development. The relative’s solicitor has reviewed the...
Good afternoon We have put a query into our accountant but just wanted to check with this group too. We have set up a family trust with a...
Related party transfers can affect GST claims down the track. Example Homer operates a discretionary trust which acquires a property. The trust...
In 2018 new laws came I which may require purchasers of new residential property to withhold GST when they pay for the property and to remit this...
I just purchased a property for $1,240,000 in Adelaide. I’m taking out an investment loan for $740,000 and will be subdividing and demolishing...
If I build a PPOR and decide to sell it within the first 5 years, is GST applicable on the sale? If so, does that mean I can claim back the GST on...
I bought a residential block.of land with intent to build home. I don't own any other property. Covid struck, building costs went up (original...
The Taxation Administration Act of 1953 (TAA) imposes a liability on the purchaser of residential property, in certain situations, to withhold GST...
if you purchase a commercial property and pay GST on it, and then claim the claim that GST back against purchases for some small works on the...
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