5 November 2019
You're required to register for GST if:
Your activities may be regarded as an enterprise (even one-off transactions) if you:
When completing your activity statements, remember to include GST in the price you charge for certain property transactions.
You may also claim credits for the GST included in the price of goods and services you buy for your business.
Media: ABN and GST requirements when developing and selling propertyhttp://tv.ato.gov.au/ato-tv/media?v=bd1bdiunnj8bs8External Link (Duration: 00:30)
Find out about:
Related news items
Manage your cash flow and get your refund faster.
They're now available to watch.
There are two methods of accounting for GST.