Property Developers
Navigate complex property development tax obligations and project financing with accountants who specialize in development projects, land tax, and construction industry requirements.
Property Developers
Property Development Accountants Melbourne
Property development involves complex tax treatments around trading vs investment properties, GST on new dwellings, and capital gains implications that can dramatically affect project profitability. Development projects span multiple years with varying tax obligations at different stages that require careful planning.
Managing development project finances requires understanding of progress claims, retention amounts, and cash flow timing that differs significantly from standard business operations. Poor tax planning can result in unexpected liabilities that consume project margins.
Development projects involve substantial financial risks, regulatory approvals, and timing uncertainties that require sophisticated financial management and risk mitigation strategies most general accountants cannot provide effectively.
Whether you need personal tax assistance or full practice-level accounting, Keystone is here to safeguard your financial health.
Property Developers accounting services
Accountants Who Understand Complex Accounting
At Keystone Taxation and Business Advisors, we’re dedicated to helping business owners make the most of their hard work. Our expert insights and resources are designed to give you a clear understanding of strategies, structures, and technologies that can drive your business forward.
Strategic Tax Solutions
Discover tax strategies and business structures available to you
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Understand and apply new business management technology
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Get in touch with us for information tailored to your business
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End-to-end SMSF setup, compliance, and advice to help you take control of your retirement.
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Accurate, ATO-compliant payroll and bookkeeping services so you can focus on growing your business.
Frequently asked questions
Got Questions? We've Got Answers
Have a question? We’ve answered some of the most common ones below.
What's the difference between trading and investment properties for tax?
Trading properties are treated as business inventory with full deductibility but no CGT discount, whilst investment properties qualify for CGT concessions but limited deductions. Classification affects overall tax outcomes significantly.
How does GST apply to property development projects?
New residential properties include GST in sale price, whilst established properties generally don't. Commercial properties have different rules. We ensure correct GST treatment throughout development cycles.
Can development costs be claimed immediately or capitalised?
Some costs must be capitalised into property cost base whilst others can be claimed immediately. Timing affects cash flow and overall project returns significantly.
How should joint venture developments be structured?
Joint ventures can use various structures including partnerships, companies, or unit trusts, each with different tax implications. We recommend optimal structures based on participant circumstances.
What records are essential for development projects?
Maintain detailed records of all development costs, progress claims, variations, and sales. Proper documentation supports tax claims and helps resolve disputes with contractors or buyers.
Ready to Get Started?
Maximise Development Returns with Specialist Expertise
Our property development specialists understand project accounting, GST implications, and tax strategies that optimize returns whilst managing compliance obligations throughout development cycles. We provide project-specific financial management and strategic advice.
With specialist development accounting, you'll optimise tax outcomes, manage project cash flows effectively, and maintain compliance whilst focusing on successful project delivery and profitable development outcomes.
