Caitlin joined Tonkin Legal Group in October 2024 and works part time, two days per week as a Junior Paralegal and Admin Assistant. Caitlin is currently studying a Bachelor of Law/Bachelor or Psychological Science at Latrobe University.
Foreign Resident Capital Gains Withholding Rule Changes
If you’re a foreign resident selling property in Australia from 1 January 2025, updated capital gains withholding rules require 15% to be withheld at settlement on all property transfers (no matter what the value) unless you provide a valid ATO clearance certificate.