Victoria Is Now Taxing A Tax. Here Is How The New Draft Duty Ruling Really Works

Victoria Is Now Taxing A Tax. Here Is How The New Draft Duty Ruling Really Works

The State Revenue Office has released a draft ruling that could allow duty to be charged on certain tax liabilities the purchaser agrees to pay, including land tax and windfall gains tax. This marks a shift from long standing practice in Victoria and may increase duty for some buyers. Here is what you need to know before signing.

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Cooling Off a Property Contract in Victoria. How It Works, When You Can Use It, When You Cannot, and Why Doing It Wrong Can Cost You Thousands

Cooling Off a Property Contract in Victoria. How It Works, When You Can Use It, When You Cannot, and Why Doing It Wrong Can Cost You Thousands

Cooling off a Contract of Sale in Victoria can protect you if used correctly. This guide explains the timing rules, the notice requirements and the common mistakes that prevent buyers from cancelling a contract. Know your rights and get proper conveyancing advice before the deadline passes.

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