GST on Loan Repayments

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  • 29/05/2016 at 5:17 pm #10473 Reply | Quote
    Briang
    Flatchatter

      Hi

      Our Body Corporate took out a sizable loan to enable work to be carried out on our block of townhouses.  A considerable portion of our levy will include repayment of the loan plus interest. Are we required to pay GST on this portion of the levy?

    • Creator
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    Reply To: Reply #24971 in GST on Loan Repayments
    PLEASE ... If your property is not in NSW, mention its location (state). Don't identify companies or individuals by name. Don't mention or promote your company or services. Keep acronyms and initials to a minimum. Please, don’t use “quote” unless there is a specific point to which you wish to refer, then highlight (define) that specific passage before you click on "quote". Otherwise just use reply. THANKS.

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