Common GST questions in relation to registration, land transactions, purchaser withholding and more.
For contracts entered into from 1 July 2018, purchaser to collect and pay GST to the ATO for some properties. See ‘Purchaser withholding’ section in the checklist available for download below.
GST is not simple but there are some easy steps you can take to help protect you and your clients.
References to divisions and sections can be found in A New Tax System (Goods and Services Tax) Act 1999 (Cwlth).