GST - Introduction
As we are not tax agents, we recommend that you consult with qualified tax agents, the ATO or your institute for definitive advice. The advice we give below is given to assist you running our program.
GeeDee Realty Systems will not be held liable for any errors or omissions in the GST information contained in our documentation.
With the exemption of GST from Residential rents, the application of GST differs to that for commercial properties. In the design of our system, it may have been convenient to treat many commercial properties the same as residential rentals in your system. The collection of rents and Variable Outgoings from many small Commercial Tenants is commonly treated in the same manner as residential.
A Residential classification in our GeeDee system does not mean that the rent is exempt from sales tax.
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