A bespoke up-to-date strata management agency agreement template and proposal, tailored for your firm!
We collect your personal information for the purpose of delivering our services. By providing this information, you confirm that you have read and consent to the processing of your personal information in accordance with our Privacy Policy.
A bespoke up-to-date BMC agency agreement template and proposal, tailored for your firm!
We collect your personal information for the purpose of delivering our services. By providing this information, you confirm that you have read and consent to the processing of your personal information in accordance with our Privacy Policy.
A bespoke contract to enable service charges direct to owners who want that special service that the committee does not wish to pay for.
We collect your personal information for the purpose of delivering our services. By providing this information, you confirm that you have read and consent to the processing of your personal information in accordance with our Privacy Policy.
A bespoke up-to-date community, precinct and neighbourhood agency agreement template and proposal, tailored for your firm!
We collect your personal information for the purpose of delivering our services. By providing this information, you confirm that you have read and consent to the processing of your personal information in accordance with our Privacy Policy.
Contract between a strata manager and a developer for pre-registration services.
We collect your personal information for the purpose of delivering our services. By providing this information, you confirm that you have read and consent to the processing of your personal information in accordance with our Privacy Policy.
A bespoke up-to-date building management agency agreement template and proposal, tailored for your firm.
We collect your personal information for the purpose of delivering our services. By providing this information, you confirm that you have read and consent to the processing of your personal information in accordance with our Privacy Policy.
A tailored by-law for your renovation works.
We collect your personal information for the purpose of delivering our services. By providing this information, you confirm that you have read and consent to the processing of your personal information in accordance with our Privacy Policy.
An agreement from the owners corporation to owners or occupants to supply amenities, such as, electric vehicle charging infrastructure, telecommunication services, window cleaning, garbage disposal and recycling services.
We collect your personal information for the purpose of delivering our services. By providing this information, you confirm that you have read and consent to the processing of your personal information in accordance with our Privacy Policy.
Legal advice to inform you of the measures to take to properly balance the contract and make it legally compliant.
We collect your personal information for the purpose of delivering our services. By providing this information, you confirm that you have read and consent to the processing of your personal information in accordance with our Privacy Policy.
Advice on the impact of the insurance and terms of the deed of release.
We collect your personal information for the purpose of delivering our services. By providing this information, you confirm that you have read and consent to the processing of your personal information in accordance with our Privacy Policy.
Advice regarding losses following defective reports following property purchase.
We collect your personal information for the purpose of delivering our services. By providing this information, you confirm that you have read and consent to the processing of your personal information in accordance with our Privacy Policy.
Click here to call us +61 2 9929 0226
Posted 08 September 2020
Category: Strata
The ATO has clarified its position regarding a number of income tax issues pertaining to bodies corporate constituted under strata title legislation, issuing taxation ruling TR 2015/3. TR 2015/3 replaces the earlier draft ruling TR 2015/D1. The ATO considered numerous submissions and comments in relation to the draft ruling and made a number of changes in the final ruling, but these in virtually all cases involved clarifications and reframing of examples.
TR 2015/3 represents the ATO’s current position regarding the assessment of income and the deduction of expenses.
The position will differ between States, which are different strata title legislation and these comments reflect the position in New South Wales. The key points are as follows:
Private rulings
An owners corporation may apply to the ATO for a private ruling based on their particular circumstances.
A private ruling can only be relied upon by the applicant for the duration specified in the private ruling.
A private ruling in respect of a solar feed in tariff is attached to this link. It was available on the ATO website, but it has now expired and was only applicable to the applicant, please see the following link.
If you would like advice or assistance in respect of these types of matters, please contact our strata specialist lawyers.
Related Articles
***The information contained in this article is general information only and not legal advice. The currency, accuracy and completeness of this article (and its contents) should be checked by obtaining independent legal advice before you take any action or otherwise rely upon its contents in any way.