With persistent talk of a housing crisis in Australia, the States and Territories are under pressure to increase housing supply. Discover how the Federal Government's draft legislation on tax concessions is set to transform the build-to-rent sector and what this means for you, and your property and construction clients. With the proposed amendments to the Income Tax Assessment Act promised to stimulate investment with over $25 billion allocated to new housing investments, ensure you’re ready to assist your clients to make the most of the changing tides ahead.
Description
Attend and earn 1 CPD unit in Substantive Law
This program is based on NSW and VIC legislation
1.00pm to 2.00pm Build to Rent Tax Concessions
- Overview of the Build to Rent (BTR) federal tax concessions legislation
- Work through the main changes and features:
- MIT Withholding Concession
- Accelerated Capital Works Concession
- Qualifying requirements
- Key observations and clarifications: capital gains, restrictions and requirements
- Understand the affordable housing provisions
Presented by Thomas Zilm, Partner, Moray and Agnew; Committee Member, Urban Development Institute of Australia Urban Renewal, BTR, TOD and Local Town Centres Committee
Presenters
Thomas Zilm, Partner, Moray and Agnew
Thomas has over 15 years’ experience acting for prominent domestic and international clients and providing expert advice on all aspects of property law across multiple jurisdictions including acquisitions and disposals, due diligence and taxation. Thomas specialises in large-scale land acquisitions and disposals, petroleum franchising, major and institutional leasing, shopping centre acquisition, disposal and leasing, hotel acquisition, disposal and management, childcare centre acquisition, disposal and management, off-the-plan sales, strata management, greenfield development, due diligence and taxation.
