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Thank you Erica & MRO Thanks so much for your advice. I had a feeling that there wouldn't be much way around it. My accountant did mention using the margin scheme also, so hopefully that will help. Maybe we should consider keeping as an investment for 5-6 years and rent out, because...

Hi everyone, Do I have to register for GST on a once off residential development in Victoria, Australia? I am currently in the process of building 2 residential town houses to sell, and my accountant has advised that we must set up an abn and register for GST. I don't want to do this, but...