Close
My Cart (0 items)
Checkout

Login to TEN

Privacy Policy
Privacy Policy
Return
My Cart (0 items)
Checkout
99031
Recorded Webinars

Recorded Webinar: Defining Commercial Residential Premises: The GST Implications

With the changing trends in the attributes of property being used or built to provide either short or long term residential accommodation, the line can become blurry as to whether the arrangement is considered residential or commercial residential. Whilst the line can be hard to i
PRESENTED BY Aaron Chisholm Associate - Minter Ellison , Melbourne

Date/Time

About the Webinar

With the changing trends in the attributes of property being used or built to provide either short or long term residential accommodation, the line can become blurry as to whether the arrangement is considered residential or commercial residential. Whilst the line can be hard to identify, the difference in the GST treatment can be significant. This session explores the issues, including:

  • What are the tests to determine if a property is commercial residential premises? (GSTR 2012/6)
  • What are the factors that suggest premises are not commercial residential premises?
  • What the GST options are for long term accommodation in commercial residential premises, including:
    • how input tax credits are calculated for the options
  • Does the GST treatment change if the accommodation provider is a non-profit entity?
  • Would a private home that operates a bed and breakfast business be classified as commercial residential premises?
  • Do common facilities (ie. laundry, gym access, common areas, etc.) change a classification from residential to commercial residential?
  • Airbnbs:
    • what is their GST classification?
    • does the classification depend on the services offered? (ie. supply of meals or other services on top of accommodation)
    • review of FFYS v FCT [2021] AATA 4844
  • Practical examples

Presented By

Aaron Chisholm
Associate, Minter Ellison Melbourne, Vic

Aaron has specialist expertise advising clients on Australian GST and state taxes issues (including stamp duty, land tax, windfall gains tax and Growth Areas Infrastructure Contribution).

Spanning a wide range of industries, including commercial and residential property, energy and resources, construction and funds management, Aaron regularly advises on various property-related transactions, projects and developments across Australia as well as advising both listed and unlisted clients in high-profile mergers and acquisitions.  Aaron has also advised a number of government clients on GST and state taxes issues.

More broadly, Aaron provides domestic and international clients with legal and commercial advice to assist them in the conduct and development of their business and assist them in their dealings with State and Federal revenue authorities.

Who Should Attend?

This webinar is suitable for accountants and lawyers advising on GST and 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]

Go to top