GST question

Discussion in 'Accounting & Tax' started by Dylan33, 11th Jul, 2019.

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  1. Dylan33

    Dylan33 Well-Known Member

    Joined:
    25th Jun, 2015
    Posts:
    188
    Location:
    Nsw
    Hi.
    I'm registered for GST on my ABN as I do a bit of uber driving. I've recently accepted an offer on an IP. Will I need to pay GST on the sale?
     
  2. Terry_w

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

    Joined:
    18th Jun, 2015
    Posts:
    41,667
    Location:
    Australia wide
    residential property is generally input taxed so generally GST would not be chargeable.

    But not always so seek proper advice
     
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