GST and Small Scale Property Development

GST and Small Scale Property Development

The most common questions the Tax Technical team receives at Tax & Super Australia relates to the GST implications of small property developments.

Questions asked include:

  • If I am demolishing a house and building a new one for investment or sale, should I register for GST?
  • How does the margin scheme work when you are building a new property?
  • What happens if there is a subdivision and there is to be two newly constructed properties? One property is for private purposes and the other is to be sold.
  • When is residential property "new residential property" for the purposes of the GST law?
  • How does the "5 - year rule" work?
  • What is commercial residential property?
  • At what stage does a property development constitute an "enterprise".
  • If I am constructing new residential property for sale, do I need to register for GST?
  • Does the way I treat a property development for GST purposes have any implications for how the property is treated for income tax and CGT purposes?
  • What happens if my client changes their intentions in relation to the property?  For example what if they intended to sell a newly constructed property and then they decide to rent out the property?
  • When is a renovation a "substantial renovation" such that new residential premises are created?
  • My client is going to make input taxed supplies of residential rent  over $75,000, should they register for GST?
  • What is the ATO's thinking in relation to small scale property development and GST?
  • and more...

This webinar will answer these questions.  Webinar participants will be able to download the full Tax & Super Australia "In Depth" topic notes in PDF format as well as the presentation slides accompanying the webinar.  The "In Depth" topic notes will cover more than what is discussed in the webinar presentation.


Presented by: John Jeffreys


As the Tax Counsel of Tax and Super Australia, John regularly assists members in dealing with Australia's tax and superannuation laws. John also does public speaking on tax topics, presents the video series "Quick Tax", prepares submissions on tax issues, and discusses higher level tax topics with members of the ATO and Treasury. He has been in the tax game for over 35 years, including being a tax partner in two of the large accounting firms and running his own business for about 10 years.
8/05/2020 12:30 PM - 8/05/2020 1:30 PM
Online, Australia

Login with your email address