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10 Oct 2019 Applying the margin scheme correctly

Make sure your clients are eligible to use the margin scheme before they sell property, and that amendments to the law are applied correctly. 

Note that eligibility to use the margin scheme should be determined before a property is initially offered for sale.

The margin scheme can be applied on subsequent property sales, depending on the original date of purchase and how GST was applied at that time.

Find out more here.

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