GST on new build residential from July 2018

Discussion in 'Development' started by Tony66, 9th Jun, 2018.

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  1. Tony66

    Tony66 Well-Known Member

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    Tony66, 9th Jun, 2018
    #1
  2. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    from your link:

    The new GST laws apply to contracts that have been:

    • entered into from 1 July 2018; and
    • entered into before 1 July 2018 but the balance contract price is payable after 1 July 2020.
     
    Terry_w, 9th Jun, 2018
    #2
  3. Tony66

    Tony66 Well-Known Member

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    Thanks Terry.
     
    Tony66, 9th Jun, 2018
    #3