GST and the margin scheme

Working out the margin and GST payable

Certain requirements have to be met for you to use the margin scheme. These requirements vary depending on when you bought the property and when you are selling the property.

In terms of the purchase you made, requirements vary depending on whether you purchased your property: before 1 July 2000 on or after 1 July 2000, or on or after 9 December 2008. In terms of the sale you made or make, the requirements vary depending on whether you make the sale: on or after 17 March 2005 on or after 29 June 2005. Use the sections in this guide to find the information relevant to your particular situation.

Sections within Working out the margin and GST payable

• Sales of property you originally purchased before 1 July 2000
• Sales of property you originally purchased on or after 1 July 2000
• Sales of property you make on or after 17 March 2005
• Sales of property you make on or after 29 June 2005
• Sales of property you originally purchased on or after 9 December 2008
• Property you purchased as a mixed supply
• Working out the purchase price for subdivided land