Understanding Strata & FAQ

GST, Tax Basics for Owners Corporations

by Platinum Strata | Aug 3, 2022 | Understanding Strata & FAQ

The Australian Taxation Office requires that an owners (strata) corporation to: have a tax file number get an Australian Business Number (ABN) register for GST (If the owners corporation’s income (including fees) exceeds $75,000 in a year, it must register for...