Our client is buying a commercial property. The price is $1,200,000 but the price on the contract and the deposit are both inclusive of gst $1,320,000 and $132,000. Is this correct? Can you client request a tax invoice when he pays the deposit to the stakeholder?
Your client can definitely ask for a tax invoice, especially when paying for a GST supply and intend to claim GST credit.
However, for GST purposes it is generally accepted that a supply of real property occurs at settlement rather than when the contract is signed.
Your client can definitely ask for a tax invoice, especially when paying for a GST supply and intend to claim GST credit.
However, for GST purposes it is generally accepted that a supply of real property occurs at settlement rather than when the contract is signed.
15 Apr 2026 · 4 min read time
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15 Apr 2026 · 4 min read time
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