Claim or Pay GST? Changing Between Build to Sell & Build to Rent

Changed intention about your property project? Learn about the GST implications of changing from sell to hold/rent and vice versa.

In this session, we cover:

• Why would you change intention?

• The Basics

  • Real Property: Taxable or Input Taxed?

  • Can you claim input tax credits?

• What happens if you change your intent?

• Division 129 Adjustments

  • Method statement

  • Adjustment periods

  • Acquisitions

  • Now the calculation exercise begins!

• Different scenarios

• Key takeaways

Date recorded: 10 September 2024