Millbank · Legal Aid

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Top Millbank Legal Aid Questions

Common legal questions answered by Legal Aid lawyers.

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Q
What are the obligations of a client receiving legal aid?

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Clients receiving legal aid must cooperate with their lawyer, provide accurate information, and notify the legal aid office of any changes in their circumstances.;Failure to comply with these obligations can result in...

Q
Can bankruptcy be avoided through debt agreements?

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Debt agreements can be an alternative to bankruptcy, allowing you to pay back a portion of your debts over time.;Entering into a debt agreement requires the approval of your creditors and can avoid the need for bankru...

Q
How is cryptocurrency taxed in Australia?

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Cryptocurrency is treated as property for tax purposes, subject to capital gains tax.;Gains from cryptocurrency transactions are taxable, while losses may be claimed as deductions.

Q
How are capital gains taxed in Australia?

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Capital gains tax in Australia is calculated based on the profit from the sale of an asset, with discounts available for assets held longer than 12 months.;Individuals must report capital gains in their tax returns, a...

Q
What is the role of a building contract?

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A building contract outlines the terms, responsibilities, and obligations of each party involved in a construction project.;It helps ensure that both parties have clear expectations and provides legal recourse in case...

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