This presentation covers:
- the Tax Office's 2008/09 Compliance Program and what it means for GST and property
- proposed legislative amendments featuring changes to the going concern, margin scheme and anti-avoidance provisions
- the implications from the decision of the Full Federal Court in the Brady King matter
- the change in the Tax Office's view regarding the application of Division 129 to residential premises where they are rented while still being marketed for sale
- new residential premises and the 5 year rule
- Tax Office product update.