Duty Savings for Farmers

There are exemptions and concessions for the amount of duty payable on the sale or purchase of farm properties in Victoria.  Read on if you have clients who are farmers ….. Family Farm structures   A Family Farm Company or … Continued

Large Proprietary Companies – Redefined

A large proprietary company is under a statutory obligation to lodge its audited accounts with ASIC annually.  As from 1st July, 2019, the thresholds which determine whether a proprietary company is classed as small or large have moved upwards.   … Continued

The Vesting of Trusts

Once upon a time… In medieval England, there was no income tax, no capital gains tax, no complex tax code and regulations, and trusts could continue to operate indefinitely.  However, this enabled wealthy families to hold property in their trusts indefinitely, or … Continued

Change to ABN application process & fees

Due to a recent change to the Australian Business Register (ABR) system for applying for Australian Business Numbers (ABNs), we will be changing our ABN application process and increasing the price of our services from 1 February 2015. Background Since … Continued

Appointor Succession Plans Explained

Did you know that if you choose to have an appointor when establishing your discretionary trust, you also have the option of allowing for the appointor to be succeeded?  If you choose this option, Castle can tailor a succession plan … Continued