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Recorded Webinars

Recorded Webinar: Building to Rent and Not to Sell: The GST Implications

The build-to-rent (BTR) model is gaining traction as an emerging asset class. The GST implications for this model are vastly different to those of a build-to-sell (BTS). This session explores the GST treatment of the BTR property development model, including: A background to th
PRESENTED BY Andrew Sommer Partner - Clayton Utz , Sydney

Date/Time

About the Webinar

The build-to-rent (BTR) model is gaining traction as an emerging asset class. The GST implications for this model are vastly different to those of a build-to-sell (BTS). This session explores the GST treatment of the BTR property development model, including:

  • A background to the BTR model
  • The distinction between the GST treatment of a BTR project and a BTS project, including the implications for:
    • construction costs
    • ongoing costs relating to the leasing of the property
    • selling the property
  • What if a BTR project is considered to be the constructing of commercial residential premises?
  • BTRs and the interaction of the five year continuous rental rule for new residential premises
  • What if there is an intention to sell part or all of the property in an indefinite time in the future? (GSTR 2009/4)
  • GST implications for purpose BTR projects, including:
    • retirement villages
    • student accommodation
  • Practical examples

Presented By

Andrew Sommer
Partner, Clayton Utz Sydney, NSW

Andrew Sommer is the National Practice Group Leader for our Taxation group and is an experienced tax lawyers who advises on a wide variety of indirect tax matters including GST, income tax, fringe benefits tax, land tax and pay roll tax.

Andrew has extensive experience in the GST aspects of financing structures (including securitisations), major projects, property transactions and the whole range of commercial transactions and is experience in the conduct and management of disputes with revenue authorities and litigation at all levels, including proceeding before the High Court. Andrew has also been responsible for various submissions lodged with the Australian Taxation Office and Commonwealth Treasury on behalf of clients and industry groups.

Andrew regularly presents on GST and indirect tax issues at tax specialist conferences. Andrew is a member of the Australian Taxation Office’s indirect Tax Rulings Panel and a member of the ATO’s GST Stewardship Group.

Who Should Attend?

This webinar is suitable for accountants advising on GST and lawyers practising in property law – Australia wide. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.

CPD Information

Accountants can claim up to 1 CPD/Training hour. Lawyers can claim up to 1 CPD unit/point – substantive law . This webinar has been designed to run for 1 hour, however, webinar lengths can vary depending on the level of questions and discussion. WA lawyers – Please note that TEN is unable to verify your completion of recorded webinars to the Legal Practice Board of WA. TEN is an accredited provider.

Enquiries/Assistance

If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email: [email protected]

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