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Notes Online Home 2024 NTAAs Tax Guide to Common Property Developments The GST implications of developing property
Key GST issues affecting property developers
In this section of the notes we look at the key GST issues affecting property developers more specifically:
- How to identify when premises are ‘new residential premises'
- Hidden trap with the ‘five-year rule’ when selling residential premises
- GST sting where a property developer leases new residential premises before selling them
- Applying the new GST withholding rules