Published on 07 Nov 02
by WESTERN AUSTRALIAN DIVISION, THE TAX INSTITUTE
This seminar paper discusses GST issues, including: margin scheme, subdividing residence and selling off back block, development of pre CGT land, mere realisation for tax but not for GST, disposal of commercial property where owners are not registered for GST, what constitutes 'substantial renovation' to residential property to make it a taxable supply, properties constructed for sale buy subsequently rented - entitlement to input tax credits.
Chris is an Executive Director within the Western Region's Tax
practice; he drives Ernst & Young's focus on property & GST. He
has more than 18 years experience in indirect taxes, firstly in the
United Kingdom in respect of VAT and then with Australian GST
from the time of implementation in 2000 to the present day.
Chris is highly regarded by the property sector for his practical
advice on strategic matters and more significantly the
identification of tax savings. His expertise extends to englobo
land developments, retirement villages, resort developments,
infrastructure projects and commercial premises.
- Current at
22 July 2013