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  1. coastymike

    CGT or GST on sub division and new PPOR - Mildly confused

    Terry No problem. Will be closed on monday for the public holiday but will be around tuesday so give us a buzz and can help you out. will need to consider whether completing the properties are substantial renovations and subject to gst. Interesting one to discuss. Ill have a look at the...
  2. coastymike

    CGT or GST on sub division and new PPOR - Mildly confused

    1. Newly constructed residential premises will be subject to gst unless leased and sold after 5 years of leasing them out. 2. Properties will probably be subject to income tax not cgt as they are profits from an isolated transaction or you have had history of developing. Will depend a lot on...
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