GST & property development paper

Published on 18 Oct 08

Property developers face complex and changing GST rules and contentious scrutiny and approaches by the ATO. From small developers building a couple of units to larger complexes with many apartments, there are numerous GST issues to be addressed to ensure that any ATO audit activity is not a problem. With Australia's ageing population, an increase in the number of retirement villages has also created some GST traps. This paper covers:

• margin scheme overview including a look at rulings and cases
• change of purpose rules when leasing residential property
• GST complicating retirement village developments.

Author profile

Andrew Howe CTA

Andrew Howe, CTA, heads Greenwoods & Herbert Smith Freehills’ GST practice, bringing 20 years of experience to his role advising clients on GST issues, ATO audits and major corporate transactions. A prominent GST expert with a solid legal background, he joined Greenwoods in 2002 and became a Director in 2004. Andrew’s expertise and in-depth knowledge of GST matters spans a range of industries, with a focus on real estate and financial services. - Current at 18 June 2018

More by Andrew HOWE

• GST & cross border supplies – Levelling the playing field? paper - 24-May-2018
• Real property, unreal compliance paper - 05-September-2013
• Preparing for the GST changes paper - 19-October-2011
• GST and property development - 17-September-2009
• GST & property development paper - 18-October-2008
• GST & property development paper - 03-May-2006
• GST - Red tape and adversarial process to determine - 01-April-2005
• GST and Property: Unresolved and Emerging Issues seminar paper - 10-September-2003
• Margin scheme valuations: fact (sheet) or fiction? - 01-September-2003

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