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.
Practitioner Resources
Guide to Property Taxes (Victoria)
Conveyancing, Tax, GST, Resources and information, GST
06 Feb 25
Practitioners are often engaged by a client to ‘do the conveyancing’ associated with the sale or purchase of real property. Typically, they are not specifically instructed to provide taxation or stamp duty advice, but there is usually no transaction relating to real property that doesn’t have taxation or duty implications
Practitioner Resources
Goods and Services Tax
Conveyancing, Tax, GST, GST
05 Feb 25
Goods and Services Tax (GST) is a 10% value added tax payable on supplies of most goods and services.
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.
FAQs
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.
Checklists
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.
Checklists
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.
Checklists
GST checklist
GST, GST
12 Jan 23
Common GST questions in relation to registration, land transactions, purchaser withholding and more.
FAQs
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.
FAQs
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.
FAQs
General GST Questions
GST, GST
07 Sep 16
This section covers the most frequently asked questions in regards to general GST issues.
FAQs
Commercial Property
GST
06 Sep 16
Below are frequently asked questions relating to GST in regards to commercial property. Click on the question below to view answer.
FAQs
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.
FAQs
New Residential Property
GST, GST
24 Aug 16
This section covers frequently asked GST questions in regards to new residential property issues.
FAQs
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.
FAQs
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.
FAQs
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.
FAQs
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.
FAQs
General GST Questions
GST, GST
07 Sep 16
This section covers the most frequently asked questions in regards to general GST issues.
FAQs
Commercial Property
GST
06 Sep 16
Below are frequently asked questions relating to GST in regards to commercial property. Click on the question below to view answer.
FAQs
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.
FAQs
New Residential Property
GST, GST
24 Aug 16
This section covers frequently asked GST questions in regards to new residential property issues.
FAQs
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.