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Key Changes to Foreign Resident Capital Gains Withholding (FRCGW) Rules
From 1 January 2025, changes to the FRCGW regime will affect all property sales in Australia. Vendors, including Australian residents, must apply for a Foreign Resident Capital Gains Clearance Certificate from the ATO to avoid 15% withholding at settlement. Our article outlines these changes, what they mean for you, and how to apply for the clearance certificate.
Entering the property market can be a daunting experience. Some people go in armed with facts and figures, others go in not really knowing what they want or need and then there are some who just go “all in” with no information and no facts.
If you are selling your small business it is important that you comply with your legal requirement to provide a purchaser with a Form 2 – Vendor’s Statement.
How to claim TPD from super is a commonly asked question. Other relevant questions include whether you’re able to claim a TPD benefit through your superannuation and whether you may also be covered for income protection. The claims process can be a challenging one with many variables impacting on your ultimate success.
Attending Taylor Swift's recent concert in Sydney prompted contemplation on the intersection of popular culture and estate planning. Amidst the lively atmosphere of the event, the song "Anti-Hero" stood out for its exploration of family dynamics and the complexities of inheritance. This blog post delves into the insights offered by Taylor Swift's lyrics in understanding practical estate planning challenges.
If you or a loved one has been injured at work, it can be challenging to navigate a workers’ compensation claim – especially during recovery. Keep reading to learn about your legal rights and entitlements.
What you should know about DIY will kits in Australia
In Australia, DIY will kits might seem like a cheap, fast and approachable way to draft your own will – but they can cost your loved ones big in expensive proceedings.
Wage theft, a term popularised in political circles, can refer to the deliberate withholding of money owing to workers or an inadvertent failure to honour workers’ entitlements. Either way, businesses and individuals are up for serious penalties – or even jail time – for underpaying employees.