Feasly records all figures as Ex GST by design — and here’s why that’s a good thing.
For each cost input, you can choose to enter amounts as inclusive, exclusive, or exempt from GST. Feasly automatically converts them to Ex GST to keep your feasibility consistent and accurate.
This means you can stay on top of GST — without it interfering with your core feasibility logic.
💸 1. GST isn’t a real cost to the project
In most cases, GST is claimable and not an actual out-of-pocket cost. Including it in your feasibility would overstate your project costs and understate your returns.
📊 2. Keep financials clear and accurate
Feasly keeps your core financials — like profit, funding, and equity returns — GST-free, so your figures reflect true project economics.
Including GST in these figures would distort:
Profit margins
Return on Equity
LVRs and Funding requirements
🧾 3. GST is tracked separately
Feasly provides a separate GST Summary Cashflow in the Financial Section so you can:
Track GST payable and refunded
Track GST Paid by Debt & Equity Funded Costs
Track impact of Margin Scheme or Land Purchase Tax credits.
Forecast cashflow impact
Forecast timing and cumulative GST position
🧠 Why you should seek professional advice
GST treatment can vary depending on your project, structure, and funding arrangements.
Some common considerations include:
Land purchases using the Margin Scheme or claiming Land Tax credits
Whether to use separate GST accounts (some funders may require this)
What GST is exempt, claimable, or not claimable for your entity
How your accountant will treat GST (e.g. monthly vs quarterly reporting)
Feasly gives you the flexibility to model GST — but your accountant or tax advisor will ensure it’s applied correctly in your accounting for specific projects.
🆘 Need More Help?
If you need a hand or have any questions, we're here to help:
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