Since 21 June 2016, foreign buyers of NSW residential property have been levied with a 4% stamp duty surcharge. The surcharge is in addition to the duty payable on the purchase of residential property. The surcharge almost doubles the normal duty payable. Foreign...Read More
Long after other states had abolished them, NSW had continued to impose the so-called ‘nuisance duties’ . Nuisance duties included mortgage duty, stamp duty on the sale of a business and stamp duty on the transfer of shares in NSW private companies and...Read More
If you need to sign an affidavit, you will need to sign it before, and have it witnessed by: a justice of the peace; a solicitor; or another select number of people authorised by law. If the affidavit is to be signed overseas, you could also use a notary public; or an...Read More
As you would be aware, if you (or your clients) own commercial real estate, one of the most tax effective strategies can be to hold that property in self-managed super (SMSF). This includes property leased to third parties and property at which you (or your client)...Read More
Aldi Foods Pty Ltd v Young [2016] NSWCA 109 Background On 22 July 2009, a 52 year old woman named Susan Young was shopping at an Aldi Supermarket in New South Wales. An employee of Aldi was unpacking and restocking strawberries from a ‘pallet jack’ trolley. The pallet...Read More
