All Topics / Help Needed! / RE Agent & GST

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  • Profile photo of hydramaxhydramax
    Participant
    @hydramax
    Join Date: 2009
    Post Count: 47
    November 22, 2018 - 5:00 pm

    I am just about to sign a management agreement for a RE Agency to manage 1 of my IPs.
    It clearly states on the agreement that they are not registered for GST. Neither am I.
    Are they able to charge GST on their management & administrative fees each month? I wouldn’t have thought so. Can anybody enlighten me? I have just noticed they have been charging me GST on another IP for over 2 years.

    Hydramax

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    November 23, 2018 - 10:21 pm

    If you are not registered for GST you cannot add GST to goods or services

    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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