GST and Property

A guide to practical issues with the implementation of GST on property sales, purchases, developments and leases

Many people are confused by the GST requirements around property.

This session looks at the rules regarding GST for property examining the many exemptions and concessions that exist and how it’s all too easy to assume that one of them applies to your situation…only to discover too late that it doesn’t!

Amongst the topics to be covered:

• The GST treatment of different types of property transaction, including residential and commercial sales.
• The 5-year rule for new residential premises
• The registration requirements
• Subdivision and development – is an enterprise being carried on?
• The margin scheme
• The going concern exemption
• Leasing and GST input tax credit clawback
• When does GST withholding apply to a sale?
• GST and farmland

Learning Outcomes:

Attendees can expect to complete the session with a detailed understanding of the GST rules that apply to property transactions.

Suited to:

This session is suited to all accountants and tax practitioners with property owning clients amongst their client base.

This On Demand recording Includes: 

• Recording of the Live Webinar, which can be viewed multiple times, for as long as required 
• Presenters contact details for follow up questions 
• CPD Quiz
• CPD Certificate 
• CPD Report – Logged automatically 
• PowerPoint Presentation
• Verbatim Transcript, with Searchability
• Supporting Documentation