Categories for Buying

Duties Lodgment and Assessment changes

16/8/2018
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Duties document lodgment and assessment form As part of the Office of State Revenue’s strategy to increase our digital services a new duties document lodgment and assessment form will be available on our website from Monday 20 August 2018.The new form will replace the carbon copy form previously used to lodge documents with the Commissioner for a duty assessment.The new form must be completed by all lodging parties who lodge transactions for immediate assessment at the public counter, and to lodge...

Paper has been superseded with higher security for ELN(e-Settlement)

8/6/2018
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Imagine you are in the biggest city you know, on the busiest street, outside the biggest bank which you notice is surrounded with cameras and not just armed, but heavily armed security guards and some restrained but excited & vicious looking dogs.The Bank doors open, a few moments later, from the secure confines of the building, out walks a petite and cheerful person pushing in front of them a wheelbarrow full of money, out on to the street. You immediately...

GST and Residential contract

8/6/2018
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Just a reminder that GST is now a query of every Residential contract dated on & post 1/7/18. Not just the obvious ‘new land or new builds’, since ‘New Residential Premises’ under the Taxation administration act, may still be quite aged properties!“The term ‘new residential premises’ is defined in s 40-75 of the GST Act:Residential premises are new residential premises if they:a. have not previously been sold as residential premises and have not previously been the subject of a long-term lease; orb. have...

Cyber thieves are clever. They target lawyers because we direct transfers of money and they want to steal it.

25/5/2018
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DON’T FALL FOR IT!Be suspicious of email instructions.Cyber fraudsters will get in any way they can. Make sure it’s not through you.Five steps to protect yourself.Identify – Don’t accept email requests on face value. The email asking you to re-direct money might look genuine, but it could have been sent by a hacker.Verify – Call the sender personally to check authenticity. Use a number you know, not one suggested in the email. Ask for the account number, write it down, then compare...