New GST withholding rules – what developers need to know

A new system of GST withholding will start from 1 July 2018. Although a purchaser will be responsible for withholding the GST, the legislation will make the developer do the hard work to identify whether GST has to be withheld, and if so, how much. Treasury identified $1.8 billion in missing GST over five years … Continue reading New GST withholding rules – what developers need to know