Good afternoon,
I have mum and dad clients who own commercial property jointly. They are going to sell the commercial property. They are not registered GST currently. Do they have register GST individually and pay GST 50% each under their personal name? or Do I need to create a partnership to pay the GST together?
Thank you
SL
If there is no existing requirement for GST regn, then the sale does make a GST requirement. They are not trading in property, so sale does not count towards the $ 75 K turnover.
If a GST regn was required, then it would be under the partnership ABN.
If there is no existing requirement for GST regn, then the sale does make a GST requirement. They are not trading in property, so sale does not count towards the $ 75 K turnover.
If a GST regn was required, then it would be under the partnership ABN.
21 May 2026 · 4 min read time
15 Apr 2026 · 8 min read time
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