All Topics / Legal & Accounting / CGT for a Development

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  • Profile photo of kateej03kateej03
    Participant
    @kateej03
    Join Date: 2011
    Post Count: 112
    August 30, 2012 - 4:45 am

    Hi Everyone,

    Just a question for tax when doing a development. We are looking at a 12 unit site and would like to know when it is completed what tax will be payable? Do you pay CGT as well as GST or is it on or the other?

    Thanks,

    Kate

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    August 30, 2012 - 4:49 am

    Income tax and 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

Viewing 2 posts - 1 through 2 (of 2 total)

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