SMSFs to have up to 6 members

The long-touted Bill to increase the maximum number of members of a self-managed superannuation fund finally received royal assent on 22nd June. Effective as from 1st July, 2021, self-managed superannuation funds may now have up to 6 members.   What … Continued

Clarification Regarding Australian Accounting Standards

We would like to clarify some things regarding our latest newsletter regarding the Australian Accounting Standards (AAS)   It is important to note that even if a constituting document specifically requires the financial statements to be drawn in accordance with … Continued

Castle services remain available amidst COVID-19 pandemic

We hope you, your family and your friends are coping well, both physically, mentally and economically during this period of uncertainty and abnormality. Current arrangements We would like to let you know that Castle Corporate have remained open for business as … Continued

Change of Heart by State Revenue Office

Duty surcharges for foreign purchasers  What are the rules? The Duties Act 1958 (Vic) was changed on 1st July, 2015 in response to the overheated property market and political requirements to dampen the growth of housing prices.  The effect of … Continued