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View Full Version : reno's that make "new" then incur GST


Celeste
20-10-2006, 02:32 AM
Hi all

One thing my accountant raised with me when I was setting everything up, was to be careful with how much I Reno a property, as to much would deem to to be New and therefore subject to GST. He sent me some examples from the ATO site.

Has anyone here had dealings with this? or know any stories on this?


Celeste