Phoenixing Reforms - What this means for your business and your property
On 1 July 2018, phoenixing reforms came into play. At Brown Wright Stein Lawyers, we are examining the impact these reforms will have on property developers, vendors and purchasers and the commercial implications in terms of tracking and regulating illegal activities for businesses.
Deborah Kent from our Property division discusses these reforms as they relate to the property sector and the collection of GST on the sale of new residential premises or land.
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Chris Wilkinson examines the impact of these reforms and the introduction of additional measures focusing on limiting, restricting and regulating businesses that flaunt the new reforms.
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