Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Starting 2025, Australian property sellers must get a residency certificate to avoid a 15% tax.

flag Starting January 1, 2025, Australian property sellers must obtain a residency clearance certificate from the ATO to avoid a 15% withholding tax on the property's market value. flag This rule applies to all contracts signed on or after the date, regardless of the property value. flag For contracts signed before January 1, 2025, a certificate is only needed if the property is valued over $750,000. flag The certificate is free, valid for 12 months, and confirms the seller is an Australian resident, obtainable through the ATO website.

68 Articles

Further Reading