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In this edition, we examine the margin scheme. With the sharemarket increasingly prone to volatility, many turn to property as an alternative means of investment. For instance, in just two years, the number of taxpayers who own rental properties increased by 100 000 to 1.6 million people in 2007. In short, property transactions are becoming increasingly common in the marketplace and therefore need to be understood, along with the GST consequences of each transaction.
