In the recent Federal Budget, one change that hasn’t been given media attention is a change to the GST Legislation, which is to become effective from mid-July 2018 whereby purchasers of ‘new constructed residential premises’ … Continued
The SRO’s current approach to the interpretation and application of s 201RF(b) of the Planning and Environment Act 1987 (Vic) (P&EA) has been specifically rejected by the Supreme Court. Section 201RF(b) is one of the … Continued
Since our last update on the proposed duty surcharge on foreigners pursuant to the State Taxation Acts Amendment Bill 2015 (Bill), we are pleased to confirm the pre-eminent industry associations in Victoria, the Urban Development Institute … Continued
The State Taxation Acts Amendment Bill 2015 (Bill) which proposes changes to the Duties Act 2000 and Land Tax Act 2005 was made publicly available on 7 May 2015. A third reading is proposed for … Continued
A recent ATO publication highlights the importance of planning for year-end trust distributions. If, for instance, the trustee makes a resolution after 30 June, no beneficiary was presently entitled to the trust’s income by 30 … Continued
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