Description

Short stay accommodation has proven to be a popular mechanism to generate revenue from property. This can range from renting out a spare room, to holiday home, to a full-scale business.

Anyone who deals with taxpayers that let property (including a room in their own home) on a sort stay accommodation basis, whether through Airbnb, Bachcare or otherwise will benefit from this practical focused course, the next in our series on short stay accommodation.

This course will look at scenarios that we all see on a regular basis and work through the implications of the GST rules. We will cover scenarios that continue to arise as a result of the recovery of tourism. We will look at the application of the GST and apportionment rules as they apply to short stay accommodation properties.

In this webinar we will also cover the implications of the recently enacted GST changes and how they might apply.

ORIGINAL BROADCAST DATE

17 August 2023

LEARNING OUTCOMES

Upon satisfactory completion of this webinar, you will:

• Have a better understanding of the GST issues facing clients that let property as short stay accommodation.
• Gain an understanding of the issues arising from the recent GST changes relating to relevant matters including GST apportionments and exempt supplies.
• Be able to guide your clients through the various issues and competing objectives that they will have and face when letting property as short stay accommodation.

SUITED TO

This course will be suitable for all accounting and legal practitioners that have clients letting through Bachcare and the like, as well as real estate agents and property letting managers.

PRESENTER

Daniel Gibbons, Partner, Findex/Crowe (presenting on behalf of TEO).