JWS Consulting is a division of Johnson Winter & Slattery providing commercial consulting services.
We are engaged by major Australian and international corporations as legal counsel on their business activities, disputes and most challenging matters.
Established in 1993 by Tony Johnson, Nigel Winter and Peter Slattery as a boutique corporate firm, JWS grew rapidly to become a leading independent Australian firm.
The quality of our legal advice and service to clients is recognised through independent industry recognition and direct client feedback.
Learn more about breaking news at Johnson Winter & Slattery, including major transaction announcements, practitioner appointments and team expansions.
JWS supports a number of community initiatives and not for profit organisations across Australia through pro bono legal work and charitable donations.
With effect from 1 July 2018, a new withholding regime for GST will require purchasers to withhold an amount from the purchase price for ‘new residential premises’ and for ‘potential residential land’ where the supply of those types of land is a taxable supply made by the vendor. This is the first instance, outside the reverse-charge rules under the A New Tax System (Goods and Services Tax) Act 1999 (the GST Act), where the recipient of a taxable supply has an obligation to remit the GST payable on a taxable supply to the Australian Taxation Office.
The new regime was legislated by Schedule 5 of Treasury Laws Amendment (2018 Measures No. 1) Act 2018 (the TLAA). This amends Schedule 1 of the Taxation Administration Act 1953 (Cth) by inserting new sections 14-250 and 14-255 and subject to the transitional rules as set out below.
This, in addition to the CGT withholding regime for non-residents, has introduced additional challenges for tax advisors and conveyances alike when advising and acting for purchasers and vendors in real property transactions covered by the regime.
The article below examines the key features of the new regime and how this will affect the drafting of the contract of sale.
With significant regulatory change coming into effect the spotlight is staying firmly on
culture, ethics and regulatory compliance. An organisation’s social licence to operate
remains a priority...
This brochure provides global investors a practical and quick overview about real estate investments in Australia, which includes answers to some of their commonly asked questions.
The International Comparative Legal Guide to: Public Investment Funds 2019