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There may be goods and services tax (GST) implications to buying and selling an investment property, according to the ATO. Property Tax Specialists founder Shukri Barbara explains GST and the margin scheme.
Shukri Barbara
Shukri Barbara is the Founder of Property Tax Specialists. He has over 30 years of experience in public practice and professional services. Being a Certified Practising Accountant (CPA) and Chartered Tax Advisor, he is recognised by individuals and businesses for his practical and considerate advice to achieve their goals. Shukri’s strategic approach to property investments, as well as his extensive experience in business and marketing, has made him a sought-after market specialist. He is capable of assisting his clients with practical and technical advice on ownership structures, asset protection, cash flow analysis, and minimising tax obligations.