GST - Legal Practitioners' Liability Committee

The introduction of the GST in 2000 brought with it changes to the way in which many transactions, especially the sale of land and businesses, were handled. The claims LPLC sees usually occur in relation to the sale of commercial or new residential land or the sale of businesses.

Articles
Resources
Practice Risk Guides
Checklists
FAQs

Take steps to avoid GST claims

GST, GST 30 Oct 19

GST matters are often complex but there are some simple steps you can take to stay claim-free in this area. In this LIJ article we shine a light on margin scheme and going concern GST issues, the traps and what to do to avoid them.

Risk and GST

GST, GST, Professional Responsibility 01 Jul 17

LPLC regularly receives notifications where failing to correctly deal with GST issues gives rise to a claim. The mistakes come about for a variety of reasons, often because the right information is not obtained from the parties about GST registration status or because of a lack of understanding of how the GST rules apply.

Practice Risk Guides

Business sale and purchase — LPLC Practice Risk Guide

Personal Properties Securities, Sale and Purchase of Business, GST 01 May 24

The claims scenarios LPLC sees in relation to small business often arise from exuberant purchasers who have just signed up to buy their own business, full of hope and enthusiasm. They cannot wait to get into the business, want settlement in just a few days, and only need the practitioner to check the contract and make sure there are no major problems. The information in this LPLC Practice Risk Guide guide is designed to help practitioners recognise the trouble areas and manage clients in a way that best protects the client’s interests and their own position.

GST Advice Service

GST, GST 15 Oct 23

Have a client-related question about GST? LPLC's dedicated GST advice service can help you find the answer.

Appeals limitations

Conveyancing, Tax, GST, Leases, Building and Construction, Personal Properties Securities, Sale and Purchase of Business, GST, Building and Construction, Property settlements, Estate Administration, Mortgages, Personal Properties Securities, Personal Injury, Commercial 05 Jun 23

Time limits most commonly missed in relation to appeals, a claim example and lessons learned.

International contracts for the sale of goods limitations

Conveyancing, GST, Leases, Building and Construction, Personal Properties Securities, Sale and Purchase of Business, GST, Building and Construction, Personal Properties Securities 05 Jun 23

Time limits most commonly missed in relation to international contracts for the sale of goods.

GST checklist

GST, GST 12 Jan 23

Common GST questions in relation to registration, land transactions, purchaser withholding and more.

Vacant Land

GST, GST 15 Aug 17

Below are frequently asked GST questions in regards to vacant land issues. Click on the question below to view answer.

Margin Scheme

GST, GST 07 Sep 16

Below are frequently asked questions in regards to margin scheme issues. Click on the question below to view answer.

General GST Questions

GST, GST 07 Sep 16

This section covers the most frequently asked questions in regards to general GST issues.

Commercial Property

Below are frequently asked questions relating to GST in regards to commercial property. Click on the question below to view answer.

Residential Property

GST, GST 24 Aug 16

Below are frequently asked questions in regards to new residential property issues. Click on the question below to view answer.

New Residential Property

GST, GST 24 Aug 16

This section covers frequently asked GST questions in regards to new residential property issues.

Going Concern

GST, GST 09 Jul 16

Below are frequently asked questions in regards to Going Concern issues. Click on the question below to view answer.

Practice Risk Guides

Business sale and purchase — LPLC Practice Risk Guide

Personal Properties Securities, Sale and Purchase of Business, GST 01 May 24

The claims scenarios LPLC sees in relation to small business often arise from exuberant purchasers who have just signed up to buy their own business, full of hope and enthusiasm. They cannot wait to get into the business, want settlement in just a few days, and only need the practitioner to check the contract and make sure there are no major problems. The information in this LPLC Practice Risk Guide guide is designed to help practitioners recognise the trouble areas and manage clients in a way that best protects the client’s interests and their own position.

Appeals limitations

Conveyancing, Tax, GST, Leases, Building and Construction, Personal Properties Securities, Sale and Purchase of Business, GST, Building and Construction, Property settlements, Estate Administration, Mortgages, Personal Properties Securities, Personal Injury, Commercial 05 Jun 23

Time limits most commonly missed in relation to appeals, a claim example and lessons learned.

International contracts for the sale of goods limitations

Conveyancing, GST, Leases, Building and Construction, Personal Properties Securities, Sale and Purchase of Business, GST, Building and Construction, Personal Properties Securities 05 Jun 23

Time limits most commonly missed in relation to international contracts for the sale of goods.

GST checklist

GST, GST 12 Jan 23

Common GST questions in relation to registration, land transactions, purchaser withholding and more.

GST Advice Service

GST, GST 15 Oct 23

Have a client-related question about GST? LPLC's dedicated GST advice service can help you find the answer.

Vacant Land

GST, GST 15 Aug 17

Below are frequently asked GST questions in regards to vacant land issues. Click on the question below to view answer.

Margin Scheme

GST, GST 07 Sep 16

Below are frequently asked questions in regards to margin scheme issues. Click on the question below to view answer.

General GST Questions

GST, GST 07 Sep 16

This section covers the most frequently asked questions in regards to general GST issues.

Commercial Property

Below are frequently asked questions relating to GST in regards to commercial property. Click on the question below to view answer.

Residential Property

GST, GST 24 Aug 16

Below are frequently asked questions in regards to new residential property issues. Click on the question below to view answer.

New Residential Property

GST, GST 24 Aug 16

This section covers frequently asked GST questions in regards to new residential property issues.

Going Concern

GST, GST 09 Jul 16

Below are frequently asked questions in regards to Going Concern issues. Click on the question below to view answer.

Get risk advice on Commercial work

+61 3 9672 3800 lplc@lplc.com.au