‘PLUS’ GST CASE – COURT OF APPEAL MUDDIES THE WATERS

By Andrew Henshaw, Director, Velocity Legal

The Victorian Court of Appeal has reversed a Supreme Court decision on whether the purchase price in a sale of land contract was GST-inclusive or GST-exclusive. The Court of Appeal held that the word ‘GST’ should be read as ‘plus GST’. The decision has significant ramifications for sale of land contracts where parties have written something in the ‘GST box’ other than the words ‘plus GST’.

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ANDREW HENSHAW

Managing Director

Andrew acts for a diverse range of private businesses, high net-wealth individuals and family groups. He specialises in business structuring, tax disputes and complex tax issues. He is passionate about leading by example, getting wins for his clients, solving difficult legal issues and … snowboarding!

 
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