PRET Australia in Oxley, Queensland, Australia | Property

PRET Australia

Locality: Oxley, Queensland, Australia

Phone: +61 7 3878 8513

Address: 2 Edenvale Street 4075 Oxley, QLD, Australia

Website: http://www.pret.com.au

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23.01.2022 Re-branding! Our Oxley campus has had a face lift today, with the installation of our new PRET signs. A big thank you must go to Anthony DeStefani of Allclear Print and Signs for the design of these new signs.

22.01.2022 Next three start dates for the Real Estate Saleperson Registration Certificate at Oxley

13.01.2022 Management Rights Information Course hosted by PRET Australia and ARAMA - 1 August 2017 - click on http://bit.ly/2qReeWE to book now or call Sharon on 07 3878 8513

12.01.2022 Capital Gains Tax - comments from Dean Brown Solicitor at Pinder consulting see http://bit.ly/2sGOGLA For the purpose of this legislation everybody is regarded as a foreign resident unless they can provide a clearance certificate; it can take up to 28 days to obtain a clearance certificate; and everybody on the title needs to separately apply for the certificate.... So while it is not a real estate agents function to obtain a certificate or to ensure that it is provided to the purchaser, I believe it would be prudent for real estate agents to advise the Seller of the requirement for them to obtain a certificate at the point of listing. For example, if there is a delay in obtaining the certificate it may delay settlement if the Seller is not a foreign resident but has not yet received a clearance certificate, as they are probably not likely to want to see 12.5% of their money go to the ATO and have to go through the process of getting it back.

11.01.2022 Our next full real estate agents licence course is taking place next month at Oxley! The salesperson license runs from 2nd - 4th May followed by the accounting and full license units from the 5th - 11th May. Call 07 3878 8513 now to book your spot or visit www.pret.com.au to enrol online.

11.01.2022 Thinking of changing careers? Our next Real Estate Salesperson Registration Course starts on the 15th of May and finishes on the 17th May. All course content completed in class - No homework!! Follow this link for more information: https://www.pret.com.au//real-estate-salesperson-registra/ or give us a call during business hours on 07 3878 8513.

09.01.2022 Foreign residents capital gains withholding tax. - effective 1 July 2017. ADL Forms has released an update on the effect of the new legislation on real estate agents. A prominent item (Capital Gains Withholding Payment) has been included in the Selling Agency Agreements to assist real estate agents in reminding the vendor that they will need to provide a clearance certificate from the ATO where the sale price of their property exceeds $750,000. The have also provided the link to the ATO to enable vendors to apply for a clearance certificate. Usually, the capital gains tax issue will be handled by the solicitors for the respective parties. For the full release follow the link http://bit.ly/2sbilBl

07.01.2022 Property Sales - proposed changes to Foreign resident capital gains withholding tax rules to affect more agents The federal government's proposed changes will see the sale price threshold for the application of withholding tax reduced from $2,000,000 to $750,000 and the tax rate increased from 10% to 12.5%. Where it is estimated that the sale price will exceed $750,000 the vendor must get a clearance certificate from the ATO.... If a clearance certificate is not obtained before settlement the purchaser or their solicitor must withhold 12.5% of the purchase price and remit it to the ATO. The proposed legislation is due to come into effect on the 1 July 2017 and ADL Forms will update their forms to be ready on that date (assuming the legislation is passed). For further information go to http://bit.ly/269IE5Z

06.01.2022 We have a full real estate agents licence course taking place this week at Oxley! The salesperson license runs from 20th-22nd February followed by the accounting and full license units from the 23rd February - 1st March. Call 07 3878 8513 now to book your spot!

06.01.2022 Management Rights Induction Training partnering with ARAMA. at Oxley 1 June 2017 Check it out at http://bit.ly/2qReeWE

01.01.2022 Oxley's Real Estate class this week. Good luck to all our graduates!