From what date do you register a strata company for GST? Is it the start of a tax year, the previous year end, the next levy issue date—or something else entirely? This article explains the correct date and the logic

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From what date do you register a strata company for GST? Is it the start of a tax year, the previous year end, the next levy issue date—or something else entirely? This article explains the correct date and the logic
Many strata managers mistakenly believe registering for GST automatically means a 10% jump in levies. This article debunks that myth, clarifying how GST credits significantly offset costs, making the actual impact surprisingly minor.
With many strata buildings considering a container deposit scheme to encourage recycling and generate extra income, it’s important to understand the GST and income tax implications before implementing the initiative.
Discover how a streamlined chart of accounts can simplify aligning budgets to actuals; and boost operational efficiency for strata managers.
The short answer is 'Usually not, but there are exceptions.'
What are the tax implications of income from solar panels, embedded networks, or bulk utility agreements in strata?
Accidentally paid superannuation late for a strata you manage? Here’s how to fix things and cover yourself... without alerting your clients.
A strata manager can still be legally liable for the tax affairs of a strata company if they are listed as the public officer... even if they no longer manage the property!
Accrual based accounting (recording income and expenses based on when they're incurred rather than when paid) is the accepted best practice in strata.. but it can cause a headache when it comes to income tax.
A guide to the final steps and adjustments required whena strata deregisters for GST.
There exists a little known nuance in the ATO's Tax Ruling 2015/3 that can greatly reduce the tax payable by strata companies operating a pay per use laundry facility for their residents.
Can you get away with not charging GST on levies if they're only used for loan repayments?