MasterNuggets with Meng: Property Development Tax Essentials

Explore tax treatment of property development transactions including revenue vs capital, CGT, GST implications and more!

In this session, we cover:

• Capital v Revenue

  • Profit-making venture vs Mere Realisation

• CGT 

  • Cost base calculation

  • Market Value Uplift

• GST 

  • Enterprise vs Mere Realisation

  • Margin Scheme