Rapport Taxation Services :: Blog
First Home Saver Account
First home saver accounts offer an effective way of saving for your first home because your savings are increased by government contributions. These contributions are a percentage of your own contributions, up to a limit each year. Read full post
Regional Relocations Grants (NSW) Part Two
The Skilled Regional Relocation Incentive commences on 1 January 2014 and provides a $10,000 grant for an eligible employment or self-employment relocation. The grant is paid in two equal instalments, with the second instalment being paid at least 12 months after the first. Read full post
Regional Relocations Grants (NSW) Part One
Regional Relocation Home Buyers Grant Read full post
New Home Grant Scheme (NSW)
The New South Wales New Home Grant scheme was introduced on 1 July 2012 to stimulate the construction of new homes.
The scheme provides a grant of $5,000 towards the purchase of new homes, homes off the plan and vacant land on which a new home will be built.
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Who can apply for the grant?
You can be a natural person, a company or trustee of a trust.
The grant is available to investors as well as owner occupiers.
Foreign residents can apply for the grant but they would need to meet the requirement of the Foreign Investment Review Board regarding investment in Australia.
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Can I receive the grant on another property?
Yes, there are no restrictions on the number of times you can apply for the grant provided it is for the purchase of another eligible property.
Only one grant will be issued per property. For example, if an off the plan home was purchased and the grant was paid but the home was later sold before completion, the new owners could not apply for the grant.
First Home Owner Grant (New Homes) Scheme
The First Home Owner Grant (New Homes) scheme (the Scheme) was established to assist eligible first home owners to purchase a new home or build their home by offering a $15,000 grant. It replaces the $7,000 First Home Owner Grant from 1 October 2012. Read full post
First Home - New Home Scheme (NSW)
The First Home - New Home scheme commenced from 1 January 2012 and provides eligible purchasers with exemptions from transfer duty on new homes valued up to $550,000 and concessions for new homes valued between $550,000 and $650,000 in New South Wales (NSW). It replaces the First Home Plus Scheme from 1 January 2012. Read full post
Welcome to our Blog
This is our first blog post on the Rapport Taxation Services website! Read full post
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