Land sales and GST

Are you buying or selling land? This will give you a general overview of the GST rules. Note the term “land” includes any buildings or structures fixed to the land. Mistakes with GST can be costly and difficult to put right. We recommend you consult a tax advisor before you sign the paperwork. Disclaimer: This acts as a guide only and cannot be relied upon or substituted for professional advice. Nothing in this is binding on Inland Revenue. Leases aren’t covered. If there are other items included in the sale, please consult a tax advisor.