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    GST and Subdivision of land

    Gst ruling 2003/3 Not previous sold as residential premises 1. A house on a large block is subdivided so that the house is on a smaller block and there are two other lots of vacant land for sale. The sale of the house and land block will not (assuming there have not been substantial...
  2. P

    GST and Subdivision of land

    Has anyone subdivided a block of land - shifted the existing house onto one block- held to rent - but sold the vacant land? Do you have to pay GST ( I assume so ) If I were to sell the existing house on one block but kept the Vacant land and put a house on it and rented it - would that get...
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