GST withholding and the sale of land

CPD Seminar - 09 May 2018

Event Pass Information

Please select the number of tickets you wish to purchase and click the register button to complete your registration and to pay for this event via Visa or Mastercard. A tax invoice receipt will be emailed upon completion of your registration.

Date 09/05/2018
Time 06:00 pm - 08:30 pm
Price $66
Quantity
Catering: Includes light Refreshments

Chair: Stephen Sharpley KC
Presenter: Michael Bearman and David Lloyd
Compulsory Field: Substantive Law
CPD Units: 1
Venue Monash Univesity Law Chambers,555 Lonsdale Street,Melbourne,3000

Summary

Summary

Do you act for vendors or purchasers of “new residential premises” or “potential residential land”?

A new GST withholding regime comes into effect on 1 July 2018. Do you know:

• Will the purchaser have a withholding obligation at settlement, and if so,
for what amount?

• How is the withholding obligation complied with?

• Will the vendor need to provide the purchaser with a withholding notification
prior to settlement?

• Do amendments need to be made to the sale of land contract?

• What happens if the purchaser fails to withhold when it should?