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Feel free to forward this email to a colleague or friend. Your feedback and suggestions are always appreciated. |
| Charities - Staging the introduction of regulatory reform for the not-for-profit sector |
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The Government announced on 17 May 2012 that the governance standards, including the external conduct standards, and the financial reporting framework will now commence on 1 July 2013 with the first financial reports for medium and large registered entities now beginning to fall due after 1 July 2014.
We have written about this in our Legal Resource Centre.
We regularly update our One Page NFP Reform Overview summary of the major reforms facing the NFP sector and the relevant time-lines. |
| Reinstatement of Transfer (Stamp) Duty Home Concession (Qld) |
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On 17 May 2012, the State Government introduced the Treasury (Cost of Living) and Other Legislation Amendment Bill 2012 that reinstates the Transfer Duty Home Concession. As of 1 July 2012, the Transfer Duty Concession that was previously available for the transfer, or agreement for the transfer, of a principal place of residence will be reinstated.
There are some important transitional issues to be aware of. Read more in our Legal Resource Centre. |
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Vendor Finance as a tool to achieve an appropriate sale price for your business |
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As the willingness of bankers to lend to buyers of business tightens we are seeing a growth in the number of vendors of businesses (or business interests) needing to offer their buyers some vendor finance in order to facilitate the sale.
Read more in our Legal Resource Centre. |
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| Contact Us |
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Phone: (07) 3252 0011
Email: Email Us
Web: www.corneyandlind.com.au
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