Category: Property

824 Lot Subdivision | Regional NSW

As the demand for sustainable living options grows, developers across Australia are stepping up to deliver innovative housing solutions. GLG is proud to contribute to this movement through our work on an 824-lot eco-community subdivision in regional New South Wales. This ambitious project demonstrates our expertise in large-scale developments while

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A QUICK GUIDE TO GST & REAL ESTATE - WHAT YOU NEED TO KNOW

A Quick Guide to GST & Real Estate – What You Need to Know

Registering for goods and services tax, or GST, is a vital part of commercial property investment. GST is often overlooked, which is an all-too-common mistake that amateur investors make. Factoring GST in your budget will save you a lot of effort and resources. While GST is a complicated topic and

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TRANSFER DUTY EXEMPTIONS FOR HOME AND PROPERTY OWNERS

Transfer Duty Exemptions for Home and Property Owners

One of the greatest assets you may ever have is your home. There are a variety of circumstances where you may acquire a place of residence with full or part ownership. In Queensland, a transfer duty applies when you acquire such an asset. However, there is a grey area as

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WHAT YOU SHOULD KNOW ABOUT UPDATES ON GST WITHHOLDING RULES

What You Should Know About Updates on GST Withholding Rules

The transitional period for GST withholding rules is coming to an end, and with it comes new circumstances, especially for contracts started before 1 July 2018. Beginning on 1 July 2020, previously exempt agreements unsettled on or before 30 June will be subject to the withholding rules. Under the transitional

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WHY YOU NEED A LAWYER IN COMMERCIAL PROPERTY TRANSACTIONS

Why You Need a Lawyer in Commercial Property Transactions

For any kind of business or investor, it goes without saying that the process of purchasing or selling a commercial property of any kind is a crucial experience and a significant investment decision in itself.] While any kind of investment decision bears its own significance, commercial property transactions are particularly

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3 CONSIDERATIONS TO MAKE BEFORE ENTERING A COMMERCIAL LEASE

3 Considerations to Make Before Entering a Commercial Lease

Many who cannot afford to build their own business property have opted for commercial leases as more affordable alternatives. Like how a tenant rents an apartment, a tenant in a commercial lease rents a property for business purposes while paying rent to the landlord. If you are planning to enter

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4 COMMON REAL ESTATE MISTAKES REGARDING GST - WHAT TO KNOW

4 Common Real Estate Mistakes Regarding GST – What to Know

Tax is one of the biggest components of our daily life yet is also one of the most commonly misunderstood. Taxation, in general, affects nearly all of our purchasing decisions and is guided by the laws set by the Australian Taxation Office. While many generally think nothing of it, some

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UNDERSTANDING GST ON RESIDENTIAL LAND ACQUISITIONS

Understanding GST on Residential Land Acquisitions

Before July of 2018, those looking to purchase a residential property and are registered for GST pay it on top of the property’s price to the vendor, which is then given to ATO (Australian Taxation Office). For those who did not register, it’ll be included in the property’s price and

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IMPORTANT STEPS TO KNOW WHEN SELLING YOUR PROPERTY

Important steps to know when selling your property

Selling your home can be STRESSFUL! Dealing with Agents and Buyers and potentially buying a new house at the same time can be daunting and stressful. While the checklist of what you are required to do is a lot shorter than if you are a Buyer there are some very

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