Clarity on Agreements

Clarity on Agreements

At //Adcocks Conveyancing, we understand that agreements can often feel like a maze. Our experts ensure that every agreement you enter into is airtight, leaving no room for confusion. With meticulous attention to detail, we outline all the essential components,...
Tax impact of your Subdivision

Tax impact of your Subdivision

Wondering how dividing residential land influences your tax situation? It’s crucial to seek advice from a qualified taxation expert before proceeding with any sale or purchase. Key considerations include: Is GST applicable? Who bears the CGT (if any)? How will it be...
Renting & CGT Concerns

Renting & CGT Concerns

If you’re considering renting out your property, you might be wondering about your Capital Gains Tax (CGT) liability. The answer isn’t one-size-fits-all. CGT can apply when you sell a property, but renting doesn’t automatically trigger it. The key is to consult with...
Residential Land Sales & GST

Residential Land Sales & GST

Did you know that when buying vacant land, the contract can specify whether GST is payable? If you’re not GST registered and can’t claim it back, it might not seem crucial. But if the entity you’re buying in is GST registered and can claim it back, how GST is applied...