• Calculating the GST payable

    The amount of GST you must normally pay on a property sale is equal to one-eleventh of the total sale price.

    When you use the margin scheme, the amount of GST you must pay on a property sale is equal to one-eleventh of the margin.

    You can use the GST property tool to assist you with your calculations.

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      Last modified: 28 Jun 2017QC 18646