this product is unavailable for purchase using a firm account, please log in with a personal account to make this purchase.

2020 LIV Council Elections

Nominations are open until 5pm, Wednesday 7 October.

Learn More
Select from any of the filters or enter a search term
Calendar
Calendar

GST withholding regime starts July 1

GST withholding regime starts July 1

By Karin Derkley

Real Property Taxation 


From 1 July, the GST withholding regime begins where purchasers of new residential premises and potential residential land will have to pay the GST component of the purchase price directly to the Australian Tax Office (ATO). Practitioners will need to familiarise themselves with the changes in order to discharge their clients' obligations and avoid penalties for non-compliance, ATO Assistant Commissioner, GST Product Leadership and Program Assurance Branch, Kelly Canavan told a LIV seminar this week to introduce the new system.

The content you are trying to access is exclusive to LIV members*

To access your exclusive member content please click the 'Already a Member' button below and you will be redirected automatically.

Not a member but would like to find out about the value of LIV membership? Click the 'Become a Member' button below or call our membership team on (03) 9607 9470.

*Note that some content may be exclusive to specific types of members. If you would like to inquire about your access please contact the membership team on (03) 9607 9470.