Venkat replied to the topic GST on Newly Released Land in the forum General Property 6 years, 3 months ago
Appreciate Terry for your help.
In such case do I need to let the purchaser to hold the GST and settle. They the pay the GST directly to the ATO?
I am not sure as an individual who negatively gears property on the PAYG by availing 50% CGG discount after holding the property for more than 1 year still require to pay the GST and how can I claim…[Read more]
Venkat replied to the topic GST on Newly Released Land in the forum General Property 6 years, 3 months ago
Good Day,
I have a question on the GST. I have bought a block of land in a new residential estate and I want to sell it now. This is on my personal name and not a company or not registered for GST. The question is do I have to ask the purchaser to hold the GST portion and settle the remaining? If so how can I claim the GST back?
A couple of years…[Read more]Venkat replied to the topic GST on Newly Released Land in the forum General Property 6 years, 3 months ago
Good Day,
I have a question on the GST. I have bought a block of land in a new residential estate and I want to sell it now. This is on my personal name and not a company or not registered for GST. The question is do I have to ask the purchaser to hold the GST portion and settle the remaining? If so how can I claim the GST back?
A couple of years…[Read more]Venkat became a registered member 9 years, 4 months ago