Did You Know That if You Sell A New Residential Property You May Have To Register For GST?

Let me clarify the scenario: Mr Gump is not a business owner but an employee. He purchases a piece of land and then commissions a developer to build one or more residences on it,  which he then immediately sells with the intention of making a profit.  You might think that this is a private transaction and therefore  has nothing to do with GST, but BE CAUTIOUS. Surprise Surprise! Regulation defines … Continue reading Did You Know That if You Sell A New Residential Property You May Have To Register For GST?