All Topics / Legal & Accounting / Buy residential property in Company Title, will this incurr GST?

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  • Profile photo of yunzhou123yunzhou123
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    @yunzhou123
    Join Date: 2011
    Post Count: 1
    April 25, 2012 - 1:05 pm

    I am plan to buy a residential property, but to buy under the compnay title instead of individual,
    what is the extra cost?  what is the  GST implication?

    Profile photo of TerrywTerryw
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    @terryw
    Join Date: 2001
    Post Count: 16,213
    April 25, 2012 - 2:52 pm

    What title the property is shouldn't affect whether there is gst.

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

    Profile photo of IP FreelyIP Freely
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    @ip-freely
    Join Date: 2008
    Post Count: 353
    April 26, 2012 - 12:02 am

    Do you intend buying a unit with a company title or buying a property & have a company on the title as owner?

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