GST and property

Charitable retirement villages

A supply of retirement village accommodation is GST-free if:

• the supplier of the accommodation is either of the following
• an endorsed charitable institution
• an endorsed trustee of a charitable fund that operates a retirement village
• the accommodation is provided to a resident of the retirement village and the supply is
• accommodation in the retirement village
• of a service related to the supply of accommodation
• a supply of meals.

If all of these conditions are met, you will not be liable for GST on these supplies. You will be entitled to claim GST credits for any creditable purchases you make that relate to making your GST-free supplies (subject to the normal rules on GST credits).

For more information about GST, retirement villages and serviced apartments, refer to: GSTR 2007/1 Goods and services tax: when retirement village premises include communal facilities for use by residents of the premises Retirement Villages Industry Partnership - issues register.

Sections within Retirement villages

• Independent living units
• Serviced apartments
• Charitable retirement villages