How to lodge
To apply for a private ruling about the GST payable on the sale of residential premises:
- complete and submit a private ruling application form
- provide the supporting information listed below.
To lodge an objection about the GST payable on the sale of residential premises:
- complete and submit the relevant form
- provide the supporting information listed below.
Check first whether your question is answered in GST and residential property.
Supporting information
Providing this information up front will reduce delays.
If you've previously given us any of the information listed below, you don't need to resend it.
The information we need for a private ruling or objection about the GST payable on the sale of residential premises includes:
- details of the owner of the residential premises and whether they are registered for GST
- the zoning of the premises
- how the premises have been used since they were purchased or built - including use for private, rental or business purposes.
- whether the premises have been sold previously
- the age of the premises
- whether the premises are leased long-term
- if the premises have been designed and built as residential premises, whether the seller applied the margin scheme when they sold the property to you
- whether they were built, or if they contain a building that has been built, in place of demolished premises that were on the same land
- whether you have renovated, repaired or modified the premises, and if so, the extent of this change
- whether you intend to apply the margin scheme when you sell the property
- whether the premises are part of a resort, serviced apartments or hotel type setting.
You should also provide all documentation relating to the transaction, including contracts (from your purchase and your sale), leases or trust deeds.