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GST registration and property development


If you’re developing a property and intending
to sell it at a profit, you may be required to register for GST.
If your total income from your property transaction is more than $75,000 in a year, even if it’s
from a one-off transaction. You can register for GST either online, through
a registered tax agent or by calling 13 28 66. For more information about your GST obligations when buying and selling property,
go to ato.gov.au/gstpropertyguide

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