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GST at Settlement: Common Errors & e-Conveyancing

Did you know that the ATO corrects approximately 45,000 forms a year? The ATO has noticed common form errors being submitted by purchasers and suppliers. It’s important to recognise the common mistakes to provide correct information and prevent processing delays. If you are a purchaser or a supplier, review the identified list of errors below
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Superannuation Equality for Women

#BreakTheBias on International Women’s Day by ANDREW PROEBSTL Chief Executive of legalsuper In the lead up to International Women’s Day, it is timely to review the barriers to superannuation equality for women and to look at what can be done to boost super for women. International Women’s Day (IWD) is held on 8 March each
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NSW moves to 100% electronic lodgments and the cancellation of paper Certificates of Title

The Office of Registrar General NSW (ORG) has announced that from 11 October 2021, the land titles system in NSW will transition away from paper-based processes to 100% “e-conveyancing”.   The Real Property Amendment (Certificates of Title) Act 2021 makes the necessary changes to legislation to make way for: the cancellation of Certificates of Title (CTs); 100%
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Is my vendor client ‘carrying on an enterprise’?

One of the most common questions conveyancers ask the ATO, is whether their vendor clients are ‘carrying on an enterprise’ and if they should be registered for GST? Another common question (this time from the purchaser’s conveyancer) is whether the purchaser is required to withhold GST on the sale? Our response is usually “it’s not
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Superannuation Guarantee Contributions Increased

Under Australia’s Superannuation Guarantee (SG) laws, employers are required to pay a set percentage of superannuation into each eligible employee’s super fund, on top of their standard wages or salaries. From 1 July 2021, SG rates increased from 9.5 percent of ordinary time earnings to 10 percent. The SG rate is scheduled to continue to
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Weekly News Update 19.3.2021

Article 1: 2021 Membership Renewal  Members of AICNSW are reminded that membership will expire on the 31 March 2021. We forwarded to all current members a renewal email on Monday 1  March 2021 with details on how to renew and providing login details. Renewals can only be done through the Membership Portal on AICNSW website.

Weekly News Update 11.3.2021

Article 1: 2021 Membership Renewal  Members of AICNSW are reminded that membership will expire on the 31 March 2021. We forwarded to all current members a renewal email on Monday 1  March 2021 with details on how to renew and providing login details. Renewals can only be done through the Membership Portal on AICNSW website.

Weekly News Update 4.3.2021

Article 1: 2021 Membership Renewal  Members of AICNSW are reminded that membership will expire on the 31 March 2021. We forwarded to all current members a renewal email on Monday 1  March 2021 with details on how to renew and providing login details. Renewals can only be done through the Membership Portal on AICNSW website.

Weekly News Update 25.2.2021

Article 1: All developers to provide fibre-ready facilities for all new building lots and units   The Telecommunications Amendment (Infrastructure in New Developments) Act 2021 has received Royal Asset and came into effect on 17 February 2021. The Act amends Part 20A of the Telecommunications Act 1997 and requires that all developers ensure that all building lots or units have fibre-ready facilities

Weekly News Update 18.2.2021

Article 1: Don’t ignore a Subscriber Compliance audit request   The Registrar General has published a note on the ORG website cautioning Subscribers against ignoring an audit request. The email will come from the email address [email protected]  and you should also add this email address to your safe senders / exceptions list to ensure that it doesn’t
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