Wednesday 17 January 2018

GST CHANGES FOR PROPERTY DEVELOPERS ON 1 JULY 2018



Be aware of the upcoming change in law, the government has announced that purchasers of newly constructed residential properties or new subdivisions will need to remit the GST directly to the ATO as part of settlement, rather than the seller remitting the GST when they complete their activity statement.

For more details follow the link below:


Please contact Chris Mercieca, Andrew Marshall or Janine Orpwood at Langley McKimmie Chartered Accountants on (03) 5427 8100 to discuss further.

We provide accounting and wealth management services to clients in WoodendGisborne and Macedon Ranges areas within Victoria Australia.   
   

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