How to make payments to Prudentia Legal
How to make payments to Prudentia Legal
Q & A:Do I have to pay the vacancy fee if my children/child or a distant relative live(s) in the ...
A:As stated above, a dwelling is considered residentially occupied if the owner or a relative of the owner genuinely occupied the dwelling as a residence. A relative of a member means any of the following: a parent, grandparent, brother, sister, uncle, aunt, nephew, niece, lineal descendant or adop
Q& A: Do I need to pay the Commonwealth Annual Vacancy Fee if I have rented my property t...
A: First, the Commonwealth Vacancy Fee rule only applies to foreign owners who made a FIRB application for the residential property after 9 May 2017. If this is satisfied and the company is renting out the property for short term lease of lease than 30 days, the vacancy fee may apply. Alternatively
Q & A: Do I still need to pay the Annual Vacancy Fee or register with ATO if I have rented my...
A: If the property is residentially occupied or rented out for more than six months (183 days) in a year, you don’t need to pay the federal vacancy fee. However, if the FIRB application date is after 9 May 2017, you may still need to lodge the vacancy fee return each year. If the FIRB application d
Q & A: Do I need to claim Commonwealth Annual Vacancy Return?
A:Foreign purchasers (ie, who has no Australian status) need to claim vacancy fee return. The vacancy fee return must be lodged by foreign owners of residential dwellings who made a foreign investment application for residential propertyafter 9 May 2017or purchased under a Ne
Q & A : Do I need to notice ATO after settlement?
A:Foreign purchasers (ie, who has no Australian status) need to claim vacancy fee return. The vacancy fee return must be lodged by foreign owners of residential dwellings who made a foreign investment application for residential propertyafter 9 May 2017or purchased under a New Dwel
Q & A :What is Commonwealth Annual Vacancy Fee (AVF)?
A: The Commonwealth Annual Vacancy Fee is introduced by the Australian Government for foreign owners, as defined byForeign Acquisitions and Takeovers Act 1975of residential dwellings. Under the legislation, foreign owners of residential dwellings in Australian are required to pay an annu
Q&A regarding ATO Notice – Australian Residential Property Foreign Investment Fact Sheet
Q&A regarding ATO Notice – Australian Residential Property ForeignInvestment Fact SheetWe have received numerous enquiries regarding the Commonwealth Annual Vacancy Fee in relation to our notice sent via email and WeChat weeks ago. We may not able to answer each enquiry one by one due to