Purchasing Property with Another Person
When purchasing property with another person it is necessary to nominate how the property is to be held. This is a very important step in the process and great care…
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What is a Binding Financial Agreement
What is a Binding Financial Agreement? Also commonly, but incorrectly, referred to as pre-nuptial agreements, Binding Financial Agreements allow you and your partner to agree, at a time when your…
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Directors Personally Liable for unpaid GST
For many years now, the Australian Tax Office (ATO) has had the power to make directors personally liable for certain unpaid debts of the company by issuing Directors Penalty Notices.…
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GST Withholding on Residential Contracts
GST Withholding on residential contracts has been in place since July 2018 and it is a good time to refresh your knowledge regarding when GST Withholding applies. GST Withholding applies…
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Stamp Duty Concessions
Stamp duty Concessions (also known as Transfer Duty) are available to eligible buyers who elect to live in a property (Home Concessions), as opposed to purchasing a property as an…
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First Home Owner Rates Remission
Earlier this year, the Brisbane City Council announced a new rates remission program to assist first home buyer’s entering the property market. Eligible first home owners will receive a 50%…
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