Selling

Arabon Business Accounting

Sale and Purchase of Business Restraints: How do they affect you?

Author: Sarah Jones, Legal Practitioner Director, JHK Legal When you enter into a sale and purchase of business agreement, the seller will usually be asked to agree to a restraint of trade for certain acts done in a certain area and a certain period of time. Usually, this will apply to both the entity selling […]

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Arabon Business Accounting Selling Property

What Everyone Selling a Property Valued at $750K or More Needs to Know

Every vendor selling a property needs to prove that they are a resident of Australia for tax purposes unless they are happy for the purchaser to withhold a 12.5% withholding tax. From 1 July 2017, every individual selling a property with a sale value of $750,000 or more is affected.

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