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So, what happened to the margin scheme?
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The margin scheme must be preserved as a vital part of the GST Act, but while the courts have been restoring access to the margin scheme, Parliament is seeking to limit it. As Andrew Sommer explains, these proposed changes might actually bolster the importance of the margin scheme.
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Warranties - What? Why? And for how long?
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Nikki Robinson, Alexandra Grey and Brendan Dobbie from Clayton Utz explore the scope of protection given by warranties in the sale of a hypothetical hotel, and discuss how warranties work for the benefit of vendor and purchaser.
Disclaimer
Clayton Utz communications are intended to provide commentary and general information. They should not be relied upon as legal advice. Formal legal advice should be sought in particular transactions or on matters of interest arising from this communication. Persons listed may not be admitted in all States and Territories.