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A deeper understanding of the new requirements for Trust Accounts in 2015

2019-03-28T06:25:12+10:00

In my previous post I explained in 10 easy steps the process for registering existing trust accounts under the new legislation which was effective 1st January 2015. The following is the process for closing an existing trust account in 8 easy steps which replaces the previous GREEN FORM requirement from Fair Trading. Go to the OneGov website. Hover on the services link ... read more >>

A deeper understanding of the new requirements for Trust Accounts in 20152019-03-28T06:25:12+10:00

10 Easy steps to meet the new requirements for trust accounts from January 1, 2015.

2019-03-28T06:25:12+10:00

Are you a property agent looking after general trust accounts? From January 1st, all general trust accounts need a Unique Identifying Number (referred to as UID), which can be obtained from the NSW OneGov Government Licensing Service website. This change under the Property, Stock and Business Agents Regulation 2014 supports NSW Fair Trading officers in monitoring accounts and safeguarding consumer funds. To be ... read more >>

10 Easy steps to meet the new requirements for trust accounts from January 1, 2015.2019-03-28T06:25:12+10:00

Best Practice in Sales Trust Accounting & Handling Interest Bearing Deposit Accounts

2019-07-08T07:18:06+10:00

What do you think when I say 'Pink Form'? Where do you use it in the sales trust accounting process? Do you know what it is? It does not surprise us if you answer no. Many people are not aware of their obligations when opening Interest Bearing Deposit accounts or the records they need to maintain. This article will therefore ... read more >>

Best Practice in Sales Trust Accounting & Handling Interest Bearing Deposit Accounts2019-07-08T07:18:06+10:00
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