GST and Real Property: Small-scale Developments

Small-scale property projects can raise significant GST issues, even for owners who do not consider themselves developers. This topic explores when a one-off development becomes an enterprise and when GST registration may be required, covering common scenarios such as duplex builds, backyard subdivisions, property renovations and transfers to family members. Drawing on relevant cases and practical examples, it examines the distinction between GST and income tax treatment, the potential application of the margin scheme and GST-free concessions, and the importance of addressing contracts, input tax credits and purchaser withholding before a project proceeds.

This paper looks at these issues in more detail.

TNA – GST and Real Property – Small-Scale Property Developers