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
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
Coming up with a creative name that is relevant, unique and unused takes some serious work Choosing a name for a new company is hard, but it’s a crucial element of a business. We found a fantastic article that can help … Continued
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
Men’s Sheds and Women’s Sheds will be able to seek endorsement as a deductible gift recipient as from 1st July, 2020. The purpose of Men’s Sheds and Women’s Sheds are to provide men and women with something useful to … Continued