Search results

  1. bundy1964

    gst

    It is only a going concern if it has a tenant in place at the time of the sale. Minimum time to be in the GST system is 1 year so rent will include gst. I would choose to opt in and claim the 10% back off the purchase price and the GST of the start up costs.
  2. bundy1964

    gst

    Just my opinion I would register for both an ABN and GST. The margin scheme is best if your not GST registed ( GST is not claimable under the margin scheme. ) Paying GST on the full purchase price will alow it to be claimed back in the same 1/4 that it was paid as well as the GST on purchase...
Back
Top