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ElizaB(Initiate)Initiate
5 Apr 2026

Hi there, We have had a business for 20 years and pay GST. We purchased a commercial property that we used for our business purposes 4 years ago. We then moved from this property and rented another commercial property.

We are now renting the original purchased property to another business. Where do I put that on our GST return as it isn't income to the business. From my understanding the commercial property would appear on our individual tax returns as it was purchased in our individual names, not the business. I am unsure where to put the GST. Thanks

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2 replies
55 views
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ElizaB(Initiate)Initiate
5 Apr 2026

Forgot to add our business is a partnership not a company etc

KevColl(Superuser)Superuser
7 Apr 2026

If your business is a partnership, and the partners are the owners of the commercial property, then the Rental income, expenses and GST should be recorded in the partnership.

therefore rental property GST should be claimed on same BAS as business income and expenses, all GST on income and expenses for business and rental are combined as one figure on BAS.

As it is all income and expenses for the partnership.

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GST on business and rented commercial property (individual) | ATO Community