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Tax Time – Best Practice and Non-mutual Income

BAS and Tax Agent Requirements Tax time is here so it is important to be mindful of the obligations of the schemes, as well as compliance responsibilities for agents. Bodies corporate obligations Bodies corporate are required to lodge tax returns if they have $1 or more in assessable income which is not considered “mutual income.”…

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Solar Approval Steps

A webinar on installation of solar in Queensland was recently held with thanks to Lookup Strata who hosted the session. The presentation focused on the step by step processes for seeking approval to install solar as either a Body Corporate or a Lot Owner, unveiling three brand new flowcharts for each of these scenarios: Installing…

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Suing for Strata Building Defects

Since most strata buildings don’t have home building insurance [as they’re over 3 storeys] and even where insurance exists it is ‘last resort’, they have to sue the builder [and sometimes others to get defects fixed].  So, it’s time we all brushed up on the basics and not so basics of suing for strata building…

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Online Voting Education

Last year we introduced online voting capabilities to provide a compliant option to conform with the COVID-19 Emergency Response Legislation, which modified strata meeting processes during restrictions. Effective use of electronic meetings and online voting including the difference between the two was explained in an article provided by online voting platform service providers we utilise,…

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