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1st is always the most difficult
Without knowing your situation I can advise in general: GST of 10% is payable on sale of new residential homes, whether you are registered or not. The existing house may qualify that you have one sale exempt but as you are full replacing thin and not renovating that may not apply. Your income...- Peter 14.7
- Post #6
- Forum: Adding Value
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1st is always the most difficult
Where is GST on sale? Are you margin scheme? Will you be classified as professional developer by ATO? Some points, Peter 14.7- Peter 14.7
- Post #3
- Forum: Adding Value