Publications

Title Date

In recent cases and the proposed amendments to the margin scheme provisions in the Tax Laws Amendment Bill 2008 are a continuation of an active year in GST related matters for property developers.

13 October 2008

The Victorian Minister for Small Business, Joe Helper, has made a determination under the Retail Leases Act 2003 (Act) to exempt certain leases of council owned or managed property that the Act would otherwise cover.

20 August 2008

A range of amendments to state taxation laws, including the “off the plan” concession provisions, will come into force in Victoria on 1 October 2008.

19 August 2008

The Full Federal Court has overturned an earlier decision which provided that the ‘margin scheme’ could not be used in the calculation of GST liability where land was purchased and then subsequently subdivided and sold.

07 July 2008

The Australian Taxation Office (ATO) have announced they will match motor registrations against the income and tax returns declared by taxpayers that have purchased a luxury vehicle or four wheel drive.

11 June 2008

A recent High Court decision means that vendors registered or required to be registered for GST are now liable to pay GST on forfeited deposits upon the termination of a contract for the sale of property that is part of their enterprise.

03 June 2008

Important changes for family business

14 May 2008

Further changes to the Child Support Scheme come into effect on 1 July 2008.

12 May 2008

Property developers undertaking existing developments or looking to acquire new land need to consider the potentially higher GST liability in their sales when assessing the viability of any proposed development...

04 April 2008

Alison Umbers

Principal & Accredited specialist in Commercial Litigation

More about Alison...
 

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