jwt replied to the topic gst in the forum Value Adding 20 years, 1 month ago
The Margin Scheme
This is the key. The greater the val on your land the less GST you pay. Have your land re-valued for Margin Scheme purposes when you are ready to commence – this means that it may well be valued far above what you paid for it. This represents a way to reduce the GST component of the final sale.Also, dont forget that the GST…[Read more]