GST and small-scale property development

It’s one of the most common topics that our in-house Tax experts get asked about. Questions we often receive around the GST implications of small property developments include:

  • If I’m 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’re building a new property?
  • At what stage does a property development constitute an ‘enterprise’?
  • When does residential property count as ‘new residential property’ for the GST purposes?
  • How does the ‘5-year rule’ work?
  • What is ‘commercial residential property’?
  • What happens in the case of a subdivision for the development of two new properties, where one property’s for private purposes and the other is to be sold?

This webinar recording, presented by our Tax counsel John Jeffreys, answers all of these questions and more.

What you’ll get out of this event

  • A full and clear understanding of the GST implications of small property developments, so that you can service your clients with confidence.
  • Presentation slides.
  • Highly detailed notes that expand further on the webinar content.

More information:

   Friday 2 July                 John Jeffreys    Slides  
   12:30-1:30pm AEST        Recorded webinar    Recording 
   1 CPD point      $99 (members) | $132 (standard)        Notes

 Presented by TSA Tax Counsel John Jeffreys 

John regularly advises our members in how to work with Australia’s tax and super laws. With over 35 years’ experience – including as a business owner and tax partner in two large firms – John is also a seasoned public speaker and commentator on tax topics, prepares submissions on tax issues, and discusses tax matters at senior levels of the ATO and Treasury.

2/07/2021 12:30 PM - 2/07/2021 1:30 PM
Online, Australia

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