{"id":385,"date":"2016-09-15T10:32:57","date_gmt":"2016-09-15T10:32:57","guid":{"rendered":"http:\/\/128.199.237.180\/?p=385"},"modified":"2018-05-18T12:49:03","modified_gmt":"2018-05-18T12:49:03","slug":"nsw-victoria-business-transfers","status":"publish","type":"post","link":"https:\/\/petercampbellrealestate.com.au\/?p=385","title":{"rendered":"New South Wales &#038; Victoria Business Transfers"},"content":{"rendered":"<p>We hold appropriate Real Estate Licenses and operate in both New South Wales and Victoria.<\/p>\n<p>Some of the key differences between the states that we encounter are:<\/p>\n<ul>\n<li>There is (generally) no stamp duty payable on the sale of businesses in Victoria. There may be duty payable however on the real estate component of a freehold sale.<\/li>\n<li>Licensing of footpath alfresco areas. This is carried out by local government in NSW, and operators are charged usually say $20 per chair or table per annum. In Victoria this appears to be a flat $26 fee, a significant saving.<\/li>\n<li>Vendor disclosure statements (S. 52). These are mandatory in Victoria for smaller businesses up to $450,000, but not required in NSW. They are prepared by the vendor&#8217;s accountant\/tax agent and show weekly returns. Licensed premises are generally exempt.<\/li>\n<li>There are no reciprocal arrangements for\u00a0 RSA holders in NSW and Vic. You will need to do the course again if you change states.<\/li>\n<\/ul>\n<p>We will keep providing helpful information on our webpage as changes of this nature occur.<\/p>\n<p><em><b>NB. Please note this advice is of a general nature only and legal advice should be sought before and during the the sale process. <\/b><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We hold appropriate Real Estate Licenses and operate in both New South Wales and Victoria. Some of the key differences between the states that we encounter are: There is (generally) no stamp duty payable on the sale of businesses in Victoria. There may be duty payable however on the real estate component of a freehold [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-385","post","type-post","status-publish","format-standard","hentry","category-latest"],"_links":{"self":[{"href":"https:\/\/petercampbellrealestate.com.au\/index.php?rest_route=\/wp\/v2\/posts\/385","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/petercampbellrealestate.com.au\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/petercampbellrealestate.com.au\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/petercampbellrealestate.com.au\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/petercampbellrealestate.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=385"}],"version-history":[{"count":10,"href":"https:\/\/petercampbellrealestate.com.au\/index.php?rest_route=\/wp\/v2\/posts\/385\/revisions"}],"predecessor-version":[{"id":1614,"href":"https:\/\/petercampbellrealestate.com.au\/index.php?rest_route=\/wp\/v2\/posts\/385\/revisions\/1614"}],"wp:attachment":[{"href":"https:\/\/petercampbellrealestate.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/petercampbellrealestate.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/petercampbellrealestate.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}