In 2016, significant changes were introduced to Australian law, making buyers liable for the seller's capital gains tax in certain real estate transactions. The threshold triggering this liability is a market value of $2 million or more. If the property surpasses this value, buyers must carefully navigate the legal landscape to avoid shouldering the seller's tax burden. Clearances certificates from the Australian Tax Office (ATO) and notices of variation become pivotal, absolving buyers from tax responsibilities. Failure to secure these documents could result in buyers footing 10% of the sale price after settlement. Given these complexities, it is essential to seek legal advice and ensure contracts address these critical issues. For comprehensive assistance and advice, contact Parker Law QLD.

Attention small business owners! With just over two weeks until the commencement of the new 'Unfair Contract Terms' legislation, be prepared for its impact on nearly every small business. Learn about standard form contracts, unfair contract terms, and take advantage of Parker Law QLD's special offer to review your contracts for a set fee of $295.00, ensuring compliance and peace of mind.

For sellers streamlining the business sale process, gather essential information from the buyer. This includes the full name and details of the buying entity, address, contact information, and details of their lawyer and accountant if known. Providing these details to your lawyer ensures a smoother preparation of the sales contract, minimizing legal fees. Learn what information is crucial for a seamless transaction.

Whether you're buying or selling a business, our comprehensive check-list is your roadmap for a smooth transaction. Tailored for all business types, it covers crucial aspects to save time and costs. While it's a generic guide, we encourage questions for specifics. Your diligence now can pave the way for a successful deal. Don't hesitate to seek clarification on any item or propose additional contract considerations.

In a week, the unfair contract terms legislation comes into effect. Wondering how it might affect your business? Read on for examples, including situations like temporary fence hire agreements, grocery supply contracts, and franchise agreements. Find out if your standard contracts fall under the legislation and take advantage of Parker Law QLD's special offer for a one-hour review of your standard form contracts at a set fee of $295. Act now and ensure compliance!

In the pursuit of securing a prosperous future, people dedicate substantial time and effort to their work, investments, and financial planning. However, amidst this diligence, one essential step is often overlooked—the creation of a will. Imagine working tirelessly to build a strong financial foundation for your family, only to leave it without a guiding document. A recent court case spotlighted the consequences of a poorly prepared will, emphasizing the critical need for professional guidance in this vital aspect of life. Don't let your legacy become a source of family disputes; ensure your assets are safeguarded with a properly crafted will from Parker Law QLD.

In 2021, Zoe Anne Gooding falsely accused her neighbors, Mianka Rodgers and Michael Usher, of being paedophiles on a local Townsville Facebook group. The couple took legal action, resulting in a judgment of almost $300,000.00 against Gooding. This unfounded allegation shattered Rodgers and Usher's dream of becoming foster parents, showcasing the profound impact of social media. The incident underscores the need for careful consideration before posting, as even seemingly innocuous comments can have severe consequences.