Home
> Real Estate Services > 2017 Budget Update
2017 Budget Update
A small and little-known change in the 2017 budget is likely to affect 60% of the Australia-wide property market, yet many vendors are unaware about the new requirement.
As of July 2017, anyone whose home sells for $750,000 or more will have to submit a clearance certificate proving they are not a foreign investor. If they fail to do so, 12.5% of the sale price will be withheld from the seller and given to the ATO.
Learn more: bit.ly/2017SubtleBudgetChange
Categories: Real Estate Services
Comments (0)
Trackbacks (0)
Leave a comment
Trackback