Search results

  1. Terry_w

    GST on purchase of new townhouse

    Probably wouldn't be, but there could be chances - substantially renovated for example.
  2. Terry_w

    GST on purchase of new townhouse

    Make sure you get this in writing from your conveyancer. Depending on the wording the vendor may be liable to the ATO and you liable to the vendor. It may take a while for this to come out in the wash, but be careful.
  3. Terry_w

    GST on purchase of new townhouse

    Yes any price you pay is usually inclusive of GST and you should not normally worry about whether the price includes or GST or not - you are just interested in the end price. But with property there are often special conditions inserted by the vendor which make the buyer liable. My old boss...
  4. Terry_w

    GST on purchase of new townhouse

    See a lawyer and get a clause inserted in the contract which says any price includes GST if it is applicable. Normally it is the seller that pays GST unless there is agreement otherwise.
Back
Top