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  1. Erica

    GST on Residential Property development -Please help

    email from my accountant about GST: OK I found the email my accountant gave me when I asked if I'd have to pay GST if I sold my newly built house (my first development where I've only just built 1 house after subdidiving the backyard off an old home): "Ordinarily a property developer, which...
  2. Erica

    GST on Residential Property development -Please help

    Hi PaulaP, welcome to Somersoft! I am not an accountant- but I will try to relay what my accountant explained to me: There are only 2 legal ways to avoid paying Goods and Services Tax upon selling a NEWLY built home: 1- make it your principle place of residence or 2- own it and rent it out...
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