Background: Jacques and Monique, a French couple in their early 40s, migrated to Australia in 2021 in pursuit of new opportunities. They purchased a new family home in Sydney, which became their main residence, and began their life as Australian tax residents. However, back in France, they still owned a family home they had purchased […]
Background Mark and Cindy are passionate small-scale property developers. In 2023, they acquired a residential block, subdivided it, and developed a modern duplex with the intention of selling both properties on completion. As they are registered for GST, they claimed input tax credits on construction costs throughout the build. Upon completion, one unit was sold […]
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