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settlement agents in Mandurah

What is GST Withholding? How Does It Impact Buying/Selling?

GST withholding Impacts Buying Selling

In the traditional property conveyancing process, be it in Perth or any other area in Australia, the property developers have in the past, shied away from paying the Goods and Services Tax (GST) to the government. However, with eConveyancing becoming the norm, the federal government seeks to put an end to this practice by enacting the policy of GST withholding. Announced in the federal budget of May 2017, the policy of GST withholding aims at ensuring compliance of GST rates by the property dealers, purchasers or settlement agents in Mandurah and other places while selling/purchasing properties. According to this policy,…

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The Checklist For First Time Home Buyers in Western Australia

checklist-for-first-time-home-buyers

Buying a residential property is a once-in-a-lifetime investment. It secures your future as well as that of the next generations. However, you also need to make sure you are buying a property that has a resell value. Suppose your next generation wants to move to some other city, they should be able to rent it out or sell it to a potential buyer in Western Australia. That is the reason you should be really careful about the legal procedures and research well to ensure maximum convenience during the reselling process. Rummage through the following checklist for first time home buyers…

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