Another step in the process - GST withholding obligations commence 1 July 2018.4 April 2018 | Property & Commercial Law
The legislation introducing GST withholding obligations for buyers of new residential properties has now passed both houses of parliament. As a result, buyers will be required to withhold and pay GST to the ATO, commencing from 1 July 2018. Contracts...
More property sales to be caught by foreign resident CGT laws23 May 2017 | Property & Commercial Law
The Federal Government’s crackdown on foreign residents not paying CGT is set to expand following the budget announcement that the relevant threshold for withholding will drop to $750,000 from 1 July 2017. This means, procedurally at least, more...