New residential premises – purchasers to pay GST
The budget presented on 9th May proposed changes to the way GST is treated for newly constructed residential properties.
With effect from 1 July 2018, purchasers of newly constructed residential properties (or new subdivisions) will be require..
Bodies corporate depend on each owner paying their contributions when due.
Parliament recognised the severe financial hardship for bodies corporate caused by arrears in contributions by allowing them to recover penalty interest and reasonable recovery costs from owners.
The Court of A..