Land Dealings 11 – Sale of properties and GST – use of the margin scheme
CATEGORY: Land Council
TYPE: Fact Sheet

This fact sheet was prepared by the New South Wales Aboriginal Land Council (NSWALC) for Local Aboriginal Land Councils (LALCS) and is intended to be a guide for LALCS dealing with the sale of properties and GST treatment in New South Wales, in particular the use of the margin scheme to reduce GST liability.

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Acknowledgement

We pay our respects to the Traditional Owners of the lands where we work as well as across the lands we travel through. We also acknowledge our Elders past, present and emerging.

Artwork Credit: Craig Cromelin, from a painting he did titled, "4 favourite fishing holes". It is a snippet of his growing years on the Lachlan River, featuring yabby, turtle, fish and family.

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Acknowledgement

We pay our respects to the Traditional Owners of the lands where we work as well as across the lands we travel through. We also acknowledge our Elders past, present and emerging.

Artwork Credit: Craig Cromelin, from a painting he did titled, "4 favourite fishing holes". It is a snippet of his growing years on the Lachlan River, featuring yabby, turtle, fish and family.

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