Forums Living in strata Current Page

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  • #9730 Reply | Quote

    Can someone explain what impact GST has on OC funds. Of course, we have always paid GST on the goods and services provided and paid for by the strata manager. However, now that the OC income from levies (thanks to a special levy) is exceeding $150,000 this year, the strata manager has advised that the OC needs to be registered for GST. What impact does this have? 

Reply To: Reply #22394 in GST
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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Forums Living in strata Current Page