July 2017

Welcome to our July E-News!

In this issue, you can learn more about:

 

Companies – how to set one up and the pros and cons!

When commencing a business venture, it is important to consider the most appropriate type of business structure to put in place. Different business structures have different benefits and disadvantages. This article looks at companies - how to set one up, and the pros and cons of a company structure.

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PPSR - important steps to protect yourself and your business 

The Personal Property Security Register (PPSR) covers all types of personal property except for real estate.  If you have an interest in personal property that secures payment of a debt or another obligation you can protect your interest in that property by registering it on the PPSR.

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If you’re selling your house for over $750,000 you are deemed a foreign resident - unless you prove otherwise

Changes in the foreign resident capital gains (‘FRCGT’) withholding regime apply to all vendors disposing of certain taxable property under contracts entered into from 1 July 2017.

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Our resident fire fighter celebrates 10 years’ service

After hours, Nicola Baker is a rural firefighter and by day, she is a dedicated legal secretary at Garland Waddington. Nicola recently ticked over ten years’ service with us and we believe this is nothing short of a miracle.

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Connect With Us

Phone: (07) 5443 4866

Email: advice@gwlaw.com.au

Level 3, Cnr The Esplanade & Second Avenue, Maroochydore QLD 4558

PO Box 630, Maroochydore QLD 4558

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