Windfall Gains Tax – What you need to know
The new Windfall Gains Tax (WGT) was announced as part of the Victorian Budget 2021/22 and was introduced in Parliament this week through the Windfall Gains Tax and State Taxation and Other Acts Further Amendment Bill 2021.
Commercial (and Retail) Tenancy Relief – What you need to know
The Victorian Government has reintroduced the Commercial Tenancy Relief Scheme (Scheme) in an amended format to help small to medium sized businesses with an annual turnover of less than $50 million that have experienced a fall in turnover of more than 30% during COVID-19.
Double Duty Strikes Again – on Share Transfers Pre Contract
The State Revenue Office has just hit a client of ours with duty on a $2.5m property for Share Transfers completed in 2017 (before the client had engaged Danaher Moulton).
So you are a property developer or an adviser for a property developer
From the moment you decide to complete a property development (create more than one lot on a plan of subdivision) stamp duty needs to be a serious consideration in how you structure the arrangement, even before you buy the property.
$600K Duty Exemption Win
Danaher Moulton has just received a $600K duty exemption for a property developer client on a very complicated syndicated property development.
