ATO requires clearance certificate for sales over $2 million

The Australian Taxation Office (ATO) has introduced legislation, valid from the 1st July 2016, which affects investors who plan to buy or sell properties with a value of $2 million or more.

Australian residents who are selling a property with a market value of $2 million or more are now required to complete an ATO Clearance Certificate, which confirms a 10% withholding amount of the sale price does NOT need to be withheld.

If the seller fails to provide the clearance certificate, the purchaser is required to withhold 10% of the sale price and pay this to the ATO.

Certificates are valid for 12 months from date of issue and can be downloaded from the ATO web site.

Severe penalties apply to both sellers and purchasers for non-compliance.

Benchmark Magazine now available

Benchmark Magazine

Australia's premium rural and regional property data report available 

to download at 

bit.ly/LHBenchmark

450 Heiligmans Lane, Tamworth now SOLD!!

"Fair View"

We had a number of potential buyers who missed out so if you know of anyone with 

100 - 200 acres who are talking about selling, NOW would be a good time to talk.

#tamworthpropertysales #tamworthruralproperty

Variable Rate Sowing and Fertilising Day - June 2016

Early morning gathering for those keen to learn more about
the benefits of Variable Rate Sowing

Casey Onus, Landmark Agronomist
and convener for the day.

Steve Sexton of Agricen giving a talk about Basis fertiliser

Damien Moss demonstrating his state-of-the art truck

Two invaluable guides to assist in the buying/selling process

Allanbank SOLD SOLD SOLD

What a delightful spot with permanent water from Currabubula Creek

1714 Piallaway Road, Piallaway Tamworth

A new, dedicated Landmark Harcourts Tamworth web site!

Landmark Harcourts Tamworth

Here's a great offer from the Landmark Finance Division

Landmark Classic Store Sale 2016

To go hand-in-hand with the Landmark Classic Horse Sale, Landmark Tamworth hold a special cattle sale annually.  It was very well supported which meant standing room only!

The 2016 Landmark Classic Horse Sale and Campdraft

What an effort by the Landmark team to ensure a successful and safe event at AELEC, Tamworth.  It was my first "Classic" and a real eye-opener in logistics, organisation and planning.  The equine division at Landmark Tamowrth have already started on the 2017 event!

The 2016 sale saw around 640 horses sell for close to $7,000,000 plus gst over the three days.

Two new listings at Wallabadah

HERONGATE

c.640ac of good grazing and breeding land

DULVERTON

c.300ac directly across Fullers Lane from Herongate (above)

Sold Sold Sold

The run up to Christmas was an exciting one with two solid sales:


Hillcrest, Spring Creek Road, Kootingal

and 222 Warminster Road, Somerton