Which states require stamp duty on trust deeds?

Stamp duty is a tax imposed by certain states on documents or transactions that affect or record: the transfer of the ownership of assets (eg land, cars), or the creation of rights in respect of assets (eg certain leases and … Continued

Included/Excluded Trust Deals

The exclusion of foreign beneficiaries from trusts   What is “residential property”? The definition of “residential property” varies between the states but, broadly, it includes:- residential apartments and houses, and property capable of being used for residential purposes.   How … Continued

The (costly!) risk of a poorly drawn contract

One of our clients has shared with us a story which you may like to read. While it may be something that most of you would know, it doesn’t hurt to be reminded of the serious (and costly) implications of … Continued

New prices from 1 July

ASIC and Consumer Affairs Victoria have announced their annual fee adjustments, which will come into effect next Tuesday, 1 July 2014. The change most likely to affect you is ASIC’s fee for registering a proprietary company, which has increased from $444 … Continued