Discretionary Trusts- Alert
Published 11/24/2020 in Drake & Associates
If you have a Discretionary Trust that either currently holds real property or intends to purchase real property in the future, you need to ensure the Trust Deed specifically excludes foreign persons from being a beneficiary under the Trust Deed. Failure to do so will incur a 2% surcharge on land tax in New South Wales, and an 8% surcharge on property purchased in New more ❯
Exceptional Benefits of Working with a Professional Collection Agency
Published 3/25/2021 in Central Coast Hunter Collections
Cash is King. We cannot stress it enough. When the world was halted by the pandemic, many businesses suffered, and even established enterprises were unsparingly forced to shut down. No establishment would survive with negative cash flow. Accounts receivables must always be higher than the payables. So, customers not wanting to pay you after receiving your services is a situation more ❯
Why Hire a Professional Debt Recovery Agency
Published 6/17/2021 in Central Coast Hunter Collections
According to experts, around 5,000 Australian companies will become insolvent in the next few months. This is due to the suspension of the JobKeeper program, insolvency rules, and other factors. The intermittent lockdowns also put pressure on businesses struggling to survive.  No matter the business size, credit control is paramount. But with the pandemic going on, the rate of more ❯
4 Reasons Why You Need A Local Conveyancer
Published 11/24/2020 in Affordable Conveyancing Services
A conveyancer specialises on the legal aspects of buying and selling real estate property. According to research, around 12,000 businesses undertake conveyancing work in Australia. Between 2016 and 2017, 1.5 million conveyancing transactions were completed across Australia. New SouthWales, Victoria, and Queensland recorded the majority of these transactions. Whether or not you are more ❯