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Incoming property, GST laws a 'sledgehammer to crack a nut'

Tax practitioners have been urged to pay close attention to the debate on proposed legislation concerning GST remittance on new residential property, as some tax experts believe it’ll be a “major” change which is further reaching than the government intends.

Incoming property, GST laws a 'sledgehammer to crack a nut'
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Incoming property, GST laws a 'sledgehammer to crack a nut'

Last month, the government introduced legislation to implement the purchaser GST withholding regime for new residential premises.

Read the full article on Accountants Daily.

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