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Hi,
Im mid way through a subdivision development of several townhouses. I realise it isnt straight forward, but can anyone point me to a profit calculator that considers GST, CGT basics (etc).
ta
It is not very straightforward because GST may or may not apply, or apply in part. If a development CGT won’t apply at all, but it will be income tax on the profits (not capital gains).
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, 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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