The NSW Government has announced a range of COVID Grants for Businesses and more recently the Disaster Relief Payment for Individuals who have been impacted by a Public Health order and cannot work.
NEW Small Business Support Initiatives Announced – NSW and Qld
We break down the QLD and NSW Government Initiatives for COVID 19 Relief as at 23rd of July.
Do you own Residential Property in NSW in a Trust?
If you hold residential property in NSW in a Trust, then you need to have a Trust Deed Update completed before 31 December 2020 or risk paying extra in land tax surcharge.
In NSW, Surcharge land tax applies to foreign persons who are owners of residential land.
Qld and NSW Relief for Landlords during COVID-19
State governments have announced a temporary reduction in land tax for commercial properties as they prepare to legislate the federal government’s commercial tenancy code of conduct announced last week.Queensland and …