From 1 July 2016, purchasers who enter into a Contract for the sale of an interest in Australian land with a market value of $2 million or more will be required to withhold and pay 10% of the purchase price to the Australian Taxation Office (ATO) on account of the seller’s potential CGT liability unless the seller obtains a clearance certificate from the ATO and provides it to the purchaser on or before settlement.
Investing
News
The “Bank of Mum and Dad”
Michael White
Making a Will – What is an Executor and what do they have to do?
What happens if you die without a Will?
The Importance of Completing a Pre-Settlement Inspection
Queensland Legislation Permits the Identity of an Accused to be Publicised
Buyer Beware – Failure to Pay Your Deposit on Time May Lead to Termination of Your Property Contract
