4 November 2021

We’ve updated the GST property decision tool to help buyers, sellers and lessors determine their GST obligations for real property transactions.

The tool will help when buying, selling, or leasing real property including:

  • new, existing and potential residential and commercial land
  • vacant land
  • farmland.

You can use the tool to determine:

  • the GST you will need to pay
  • the GST withholding amount the purchaser will need to pay us
  • if you are eligible for GST credits
  • if GST-free supplies apply
  • if you’re eligible for the margin scheme.

Remember, a registered tax professional can give advice about the GST treatment for any property transactions.

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