The All New Margin Scheme
Published on 11 May 2005
| Took place at The Hilton Hotel, Brisbane
The rewrite of the GST margin scheme will have an enormous impact for anyone buying or selling a property and settling after 17 March 2005.
Vendors who have negotiated sale prices (and signed contracts!) after making allowance for GST calculated under the margin scheme may no longer be able to use it.
Vendors who can still use the margin scheme may require a property valuation to do so where they previously did not.
Purchasers buying with the intent to subdivide and re-sell under the margin scheme may no longer be able to do so.
Clients who did not require a written agreement to apply the margin scheme (and may already have signed contracts) may now require written agreements.
These materials analyse the draft rewrite of the margin scheme and point out the pitfalls for your clients.
The materials also cover some of today's hottest property issues, including revenue v capital, trading stock issues, put and call options, rezoning and subdivision, buying and selling off the plan, and backlot developments.
Get a 20% discount when you buy all the items from this event.