Ideas Tax Knowledge Blog

Sale of the dwelling attracts GST

Written by Ideas Group | Mar 31, 2020 2:20:20 AM

 

Q: Someone bought a farm without paying GST because it was for farming. They also got a house with it. Now they're selling the house, planning to move it about 30km away. Will they have to pay GST on this sale?

A: Usually, selling a house isn't taxed with GST because it's seen as a residential property. However, in this case, if the house is disconnected from services to be moved, it might not be considered fit for living anymore. In that case, GST would likely apply to the sale.

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