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[Lady Penelope]

Austman – It is my understanding that the latest ATO interpretation is that: “bodies corporate are now considered to be non-profit bodies for GST purposes provided they do not have an intention to distribute interest or other income to members.”

See here:

http://sskb.com.au/wp-content/uploads/2016/06/UP2009-GST-Registration-75k-to-150k.pdf

and here:

https://www.ato.gov.au/law/view/document?src=as&pit=20160603000000&arc=false&start=11&pageSize=10&total=201&num=1&docid=AID%2FAID20161%2F00001&dc=false&tm=and-basic-gst&tm=near-basic-body%20corporate

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