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New rules for foreign residents selling property

Discussion in 'Accounting & Tax' started by alexm, 20th May, 2016.

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  1. alexm

    alexm Well-Known Member

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  2. Marg4000

    Marg4000 Well-Known Member

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    Looks like you need to get a clearance.
    Marg
     
  3. Terry_w

    Terry_w Solicitor, Finance Broker, CTA Business Member

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    Yes.

    There is a thread on here somewhere already about this.
     
  4. Ed Barton

    Ed Barton Well-Known Member

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    Would the lawyer/conveyancer do it? Or does the vendor need to get it themselves?
     
  5. Terry_w

    Terry_w Solicitor, Finance Broker, CTA Business Member

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    I believe the purchaser needs to get a clearance certificate, otherwise the purchase could be liable for any tax shortfall of the vendor if they are a 'foreigner'.