This course will look at the GST issues that arise for landlords, including the implications of property ownership, registration requirements, the issues regarding short term accommodation, mixed portfolios (commercial and residential) and change of use versus deregistration.

The course will focus on practical examples and will work through scenarios that illustrate the issues that arise and how the rules apply to those situations.

The course will look at GST considerations when acquiring and/or selling property, as well as common transactions as the rules relate to landlords and the impact of the recent changes to the rules such as the change of use rules, the implications of the new election under s 6(3)(e) and the marketplace rules.

Upon satisfactory completion of this course, you will be able to:

• Understand how GST can apply to different types of property
• Understand the complications that can arise from mixed portfolios in one entity
• Identify opportunities and issues in terms of use of residential properties
• Identify whether there is a change of use or a cessation
• Identify GST considerations when acquiring or selling property
• Understand the implications of the marketplace rules

Suited to:

• all landlords
• accounting and legal practitioners of all levels who advise on property ownership in the current rental property market.

Total CPD Hours: 1.25 (1 hour 15 min)

PRESENTERS:

Daniel Gibbons, Partner, Findex/Crowe
Daniel is a Partner for Findex in Queenstown. Daniel has been with Findex for 15 years, where he advises on a wide range of tax matters, including property transactions and property ownership structures, international taxation issues, the tax treatment of investments and providing structuring advice to clients, including assistance for family group restructures. Daniel is recognised as a leader in the taxation treatment of short stay accommodation, providing training to other practitioners.