Coronavirus (COVID-19) updates from the Australian Government

Improving the integrity of GST on Property Transactions

This consultation process has now been completed. Submissions available
Date
-
Consultation Type
Consultation Paper

Key Documents

The Government announced in the 2017-18 Budget that from 1 July 2018, purchasers of new residential premises or new residential subdivisions would pay the GST on the purchase price directly to the ATO as part of the settlement.

This consultation seeks stakeholder views on amendments to the Taxation Administration Act 1953, and consequential amendments to the A New Tax System (Goods and Services) Act 1999 and the Income Tax Assessment Act 1997.

Submissions

15 submissions were received for this consultation.

ABN - pdf 261.81 KB
Fehily Advisory - pdf 53.75 KB
Hall Browns - pdf 198.5 KB
Hall&Willcox - pdf 1.06 MB
Philip Goldman & Co - pdf 42.37 KB
Rushworth, Andrew - pdf 13.69 KB
Tax Institute - pdf 626.18 KB
Trask Land - pdf 135.99 KB
Vicca - pdf 410.52 KB