Changes to GST Withholding for Residential Properties from 1 July 2018
On 1 July 2018, changes to the Withholding Law under the Tax Administration Act came into effect. These amendments change the process under which GST is paid to the ATO on the sale of: newly built residential properties; vacant land in residential subdivisions; and long-term leases for newly built residences. In this video John Gallagher […]