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Individual Podcasts

GST Contract Clauses for Property: It Pays to Cover Yourself

The treatment of GST on property sales can involve complexities that include the margin scheme and GST free provisions. Disputes can arise in the event of underpaid GST, including who is liable, after the transaction has undergone a closer look from the ATO. This podcast looks at

About the Podcast

The treatment of GST on property sales can involve complexities that include the margin scheme and GST free provisions. Disputes can arise in the event of underpaid GST, including who is liable, after the transaction has undergone a closer look from the ATO. This podcast looks at the drafting of the contract clauses that affect GST to assist in ensuring the transacting parties are fully informed of the potential GST outcomes and are appropriately protected.

Presented By

Anika Reside
Partner, Grant Thornton Perth, WA

Anika is a member of Grant Thornton's national indirect tax team and specialises in GST and fuel tax.

Anika has extensive experience in advising clients on a broad range of indirect tax matters including:

  • improvements to governance, systems, processes, procedures and controls through GST reviews
  • the imposition and recovery of GST in the real estate and construction, health and aged care, not for profit, education, energy and resources and financial services sectors
  • the GST implications of various merger and acquisition activities, including due diligence reviews
  • the application of GST to domestic, cross border and international transactions.

Anika also has experience in negotiating successful outcomes for her clients with the ATO through the early engagement, private ruling, review and audit processes.

CPD Information

0.6 CPD hours

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