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Writer's pictureAdaptive Settlements

GST Withholding - Different to the GST on the Purchase Price.

Updated: Apr 15


Man doing calculations and filling out a form.

If you are selling or buying new residential premises or potential residential land, their may be an obligation for the buyer to pay to the ATO, the sellers GST at settlement. The way GST is paid for certain property transactions affects purchasers, suppliers and their representatives.


More information can be found on the ATO website here.



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