Categories for Landlord

11/8/2020
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Subdivider concession application REMINDER RevenueWA wishes to remind all landowners that applications for the subdivider concession close    31 August 2020. Early lodgment of the application form will ensure we can consider the concession when issuing assessments. Important The subdivider concession is a one-year concession from land tax. For the 2020–21 tax year, the concession applies to qualifying residential lots that were subdivided between 1 July 2019 and 30 June 2020. Owners of these lots can pay land tax (and metropolitan...

Changes to RCD Requirements

24/1/2019
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AICWA has contacted DMRIS to obtain additional information on the recent changes (Jan 1st, 2019)  so as to understand requirements for landlords, buyers and sellers.DMIRs previously advised that:   The 2018 edition of AS/NZS 3000:2018, Electrical Installations (known as the Wiring Rules) is now available. The new standard has been developed by Standards Australia in collaboration with industry and government. Previously in residences, all final sub-circuits supplying socket outlets and lights had to be protected with 30mA RCDs. In future, all final sub-circuits in residential...

Land Tax: that time of year.

10/5/2018
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Information for settlement agentsSource: 10/5/2018 Department of Finance website HERE“The formal billing schedule for land tax assessments is generally between October and December each year. As such, a ‘Certificate of Land Tax Charges’ issued prior to an assessment will always be an estimate.Consider whether any exemptions may apply to the property being sold. Single ownership rate of land taxA ‘Certificate of Land Tax Charges’ will include both the proportionate land tax and the single ownership figure. If you are a managing...

Suspect a water leak, How to detect it & what to do…

11/8/2017
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Leaks can be extremely wasteful and costly. Regularly checking taps, pipes and fittings around your property could save precious water and precious money! How can I detect a leak?To conduct a leak detection test yourself, follow these simple steps:Step 1: Ensure no water is being used in your house (turn off all water appliances, such as washing machines and evaporative air conditioners).Step 2: Read the black and red numbers on your meter. Record the black numbers from left to right. The black...