GST on agistment lease

3 posts

Member for

6 months
Last seen: 12/02/2019 - 12:48
Joined: 12/02/2019 - 09:58

GST on agistment lease

Hi we are leasing some land for agisment of cattle, do you need to charge gst?

Last seen: 06/05/2020 - 12:03
Joined: 02/28/2011 - 14:19

Hi Louise,

Welcome to the small farm forum and thanks for the question.

You will only need to charge GST if you are registered for GST, businesses are required to register for GST if there turnover is $75,000 plus per year.

Some people will choose to register for GST even if their turnover is less then $75,000 if they know they are going to incur a large amount costs that include GST and they want to claim this back.

Regards,
Charlie

Last seen: 12/02/2019 - 12:48
Joined: 12/02/2019 - 09:58

Thanks so much Charlie

New Forum Topics

Topic Replies Last post Forum
6104 Sheep per acre
bysena on Sun, 05/31/2020 - 04:05
2
by sena
Tue, 06/02/2020 - 20:53
Sheep
5673 Goat Worming
byBrettgarland on Sat, 05/11/2019 - 17:06
10
by hairy goat
Sun, 05/31/2020 - 09:14
Farming Help
6103 Machine to automatically collect and compost manure
byHStuart18 on Wed, 05/27/2020 - 10:52
0
by HStuart18
Wed, 05/27/2020 - 10:52
General Forum
5363 Olive trees
bylazzaman on Sat, 12/22/2018 - 19:39
13
by meriam
Tue, 05/26/2020 - 20:39
General Forum
6073 Typical seasonal variability coastal NSW
byme001 on Wed, 05/13/2020 - 13:40
2
by me001
Thu, 05/21/2020 - 09:00
Farming Help
3275 Agistment Rates
bymrmrsmrb on Thu, 11/09/2017 - 17:14
6
by rchalmerssayes
Sun, 05/17/2020 - 15:17
General Forum
1498 Information: solar powered drip irrigation system
byfrisbie on Mon, 12/03/2012 - 21:55
10
by shahabuddin
Thu, 05/14/2020 - 04:08
General Forum
6071 Tractors
byDJF on Sat, 05/09/2020 - 11:06
1
by admin
Wed, 05/13/2020 - 09:14
932 Tractors
bygaz on Fri, 07/13/2012 - 13:53
10
by DJF
Sun, 05/10/2020 - 18:51
General Forum
2918 Starting a farm on the sunshine coast QLD
bygreenpasturesnoosa on Fri, 05/20/2016 - 15:11
5
by admin
Fri, 05/08/2020 - 11:20
New Members
6032 Seeding practices
byWil on Mon, 05/04/2020 - 20:49
1
by craka
Thu, 05/07/2020 - 23:16
Farming Help
6043 Making Tractor attachments
byCal and Nanny on Wed, 05/06/2020 - 15:15
1
by craka
Thu, 05/07/2020 - 22:58
Farm equipment
6028 Guidelines for sheep condition and nutritional signs
byshaz on Sun, 05/03/2020 - 11:57
1
by admin
Tue, 05/05/2020 - 17:17
6031 Quadbike ROPS
byPhilO on Mon, 05/04/2020 - 18:18
3
by admin
Tue, 05/05/2020 - 17:09
6029 Goat Farming Course
byphil123 on Sun, 05/03/2020 - 12:47
2
by phil123
Sun, 05/03/2020 - 23:05
5991 Pasture grass identification
bySammymorgan24 on Sun, 03/29/2020 - 19:31
3
by shaz
Sun, 05/03/2020 - 12:19
Pastures
6019 New farm owner licenses
byaitkenr on Tue, 04/21/2020 - 21:36
1
by ned
Sat, 05/02/2020 - 13:34
Farm planning
5966 Smsf farm buying
byjohnj on Thu, 03/12/2020 - 12:40
2
by ned
Sat, 05/02/2020 - 13:27
General Forum
6024 Primary Producer Qualification (NSW)
bySteveB on Sat, 04/25/2020 - 20:16
1
by admin
Thu, 04/30/2020 - 09:39
Farming Help
6021 Starting up rotational grazing with sheep
bylelliott on Thu, 04/23/2020 - 13:54
1
by admin
Sun, 04/26/2020 - 17:11
New Members

Our Sponsors

Our Partners