Asked by Mr Yeo
Hi, I always see in most answers that GST of 7% is most likely payable especially if buy from GST registered company. Can I know in what sort of rare situation is this not payable and is there such property around. I am an individual investor solely for the purpose of generating cashflow and not keen in doing a GST registered business. Basically, I just want a hassle free low cost commercial property. if 7 % had to paid, does it means that all commercial property had to appreciate at least 7% before I can see any profit or more than 1 year worth of rent gone before being profitable. Any way to circumvent the problem for passive non-businessman investor?
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