Solicitors should be aware when ‘GST free supply of farmland’ is applicable and whether the purchaser intends to ‘carry on a business’.
The 2018 edition of the NSW contract for sale and purchase of land includes a process to assist practitioners in dealing withnew GST rules. By…
What applies to GST does not necessarily apply to CGT. By JIM MAIN.
There are multiple different GST scenarios requiring separate analysis. According to Jim Main, taxpayers must be careful when using the margin scheme and the going concern exemption….
Everything related to the normal conduct of a complying superannuation fund is an enterprise for GST purposes. By JIM MAIN.
Familiarity with GST legislation and rulings is essential. There are surprises in store for the unwary. By JIM MAIN.
Freedom from stamp duty does not necessarily mean freedom from tax or GST. By JIM MAIN.
Whenever there are two or more contracts covering what is essentially one business deal, be aware that section 25 of the Duties Act 1997 (NSW) may apply….
Reporting and analysis of the latest key judgments from the High Court of Australia. By THOMAS HURLEY.
A buyer has no obligation to top up for GST unless it is in the contract. By JIM MAIN.
Reporting and analysis of the most notable decisions in the Federal Court. By THOMAS HURLEY.