Description
The GST rules applying to mixed use property sales and purchases can be complicated. There are many instances where a dwelling is sold together with other real estate, for example farms and commercial property with a residential floor. It is important to ensure all documentation is correctly completed and the GST outcome is understood by all.
In this webinar we will discuss:
- The dwelling definition;
- The apportionment rules;
- The relevant sections of the new sale & purchase agreement that need to be considered;
- Discuss GST Tax Invoice requirements.
Documentation is key, so firstly understand how the GST rules applying to mixed use property sales and purchases work and secondly, document the sale correctly so the outcome is what the client was expecting.
The webinar is 1 hour plus a 15 minute Q&A session.
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