Property transactions can be complex, to support taxpayers, the ATO has developed a range of publications. For every property transaction you make, you need to think about tax implications.
Including information that:
Outline the various goods and services tax (gst) treatments on property acquisition, development and disposal
Can assist taxpayers and developers meet their taxation obligations and can be accessed on ATO website atwww.ato.gov.au
To help you determine property related GST obligations, refer to the GST & Property Guide on the ATO Website - alternatively simply click here Property Development