Thanks ausprop, read a number of the booklets (wouldn't call them booklets!!) but I am still no better off.
Does anyone know the answer? If you require more information to give an accurate answer then ask away.
I have recently subdivided off the back half of my PPOR. I have approved plans for the construction of a 3 bed townhouse, which I am selling off the plan for $249,000.
Will I pay the GST on the $249,000? Gasp, thats twenty five grand.