TaxBanter November 2026 Special Topic: GST and Property Development

We consider the GST obligations and liabilities of a taxpayer undertaking small-scale property development activities during the property development’s lifecycle.

A property development– whether big or small – takes time, progress may be slow and it will not always be easy to work out whether the threshold tests have been met. 

A property developer can carry out a one-off project or the developer can be engaged in a series of developments. The property development can be a new build or a renovation. Paying GST for purchases is mandatory; the obligation to collect GST arises if the developer is registered or required to be registered for GST – i.e. the developer is carrying on an enterprise and meets some threshold tests.  

A property development– whether big or small – takes time, progress may be slow and it will not always be easy to work out whether the threshold tests have been met. Activity which incurs a GST cost can commence before the first clod of earth is turned and continue after the proceeds from the last sale have been received. 

In this session we consider the GST obligations and liabilities of a taxpayer undertaking small-scale property development activities during the property development’s lifecycle. 

  • pre-acquisition transactions – when activities are likely to constitute an enterprise for GST purposes, whether a person doing a ‘back yard’ development must register for GST and whether the margin scheme can be used 
  • acquisition of the development site – deposits, settlement adjustments and other acquisition costs 
  • GST treatment of construction and other costs – holding costs, design, planning and approval and off- the-plan sales 
  • disposal of the finished property – where there has been a change in intention regarding the property, the purpose of and how the ‘five-year rule’ works, using the margin scheme and the GST withholding rules. 

Investment

Individual - $195 ex GST incl
Team - $585 ex GST (up to 6 team members)

If you do not already have an account, please create one here to:

  • Register a team
  • Access the 25% discount for the full year series!
     

Date & Details

Wednesday, 11 November 2026

11:00am - 12:30pm AEST (NSW, QLD, VIC, TAS, ACT)
10:30am SA, NT
9:00am WA

What we cover

On completion, participants will be able to:
  • Identify when activities are likely to constitute an enterprise for GST purposes 
  • Explain the GST treatment of acquisition and construction costs 
  • Identify where there has been a change in intention and the GST consequences that follow 
  • Explain the margin scheme and the GST withholding rules 

TaxBanter Senior Trainer

TaxBanter are Australia's leading experts in personalised tax training. 
This webinar will be presented by one of TaxBanter’s experienced tax trainers.

Webinar

TaxBanter November 2026 Special Topic: GST and Property Development

11 November 2026 - 11 November 2026

Webinar

$195.00 + GST

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