Posts Tagged ‘settlement’
3 Stages of a Property Purchase – Steps to Buy A New House
Most people know that transferring of property ownership from one person to another is not a simple task but only a few appreciate how complicated the process of transferring the ownership title from the seller to the purchaser is. How Property Conveyancing Works Conveyancing is the legal process of transferring the property from the seller…
Read MorePowers of Appointors of Discretionary Trusts
Trusts can be beneficial mechanisms for asset protection and tax purposes. There are various types of trusts each with its advantages and disadvantages depending on the desired purpose. Discretionary trusts, sometimes referred to as family trusts, are particularly beneficial for small businesses and estate planning. There are four main roles in a discretionary trust, as…
Read MoreNew GST Withholding Laws in Australia
On 1 July 2018 the new GST withholding regime relating to new residential premises or potential residential land transactions came into effect. The regime requires the buyers of new residential premises or potential residential land to account to the Australian Taxation Office (ATO) for GST included in the purchase price.
Read MoreNew Cladding Laws affecting Queensland Building Owners
Non-conforming cladding on buildings has become an issue after the Grenfell Tower fire in the United Kingdom in 2017. Australia had a similar incident (excluding the loss of lives) at the Lacrosse Tower fire in Melbourne in 2014.
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