Can Melbourne Build 63,000 new dwellings p.a. over the next 35?
The Garis Group • September 15, 2016
To quote an article by the Victorian Chief Executive of the Urban Development Institute of Australia, the state government’s latest population forecast, Victoria in Future 2016, indicates Melbourne’s population is set to double within 15 years, with Melbourne’s inner and middle suburbs expected to grow by almost 1 million in that time. For investors looking at the southern capital, this is an important consideration. If Melbourne is to retain its standing as the world’s most liveable city, providing suitable housing options for that growing population is critical.
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A recent case before the Administrative Appeals Tribunal (AAT) highlights the importance of ensuring that the evidence supports the tax position you are taking. The case involves heritage farmland originally purchased for $1.6m that sold 7 years later for $4.25m and the GST debt that the ATO is now pursuing on the sale. In 2013,...
The post The problem when the evidence doesn’t match what the taxpayer tells the ATO appeared first on The Garis Group.
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