FEDERAL BUDGET CHANGES TO THE TAXATION OF TRUSTS.

by Riordan & Riordan | Aug 6, 2026 | Estate Planning

Federal Budget Changes to the Taxation of Trusts What does this mean for existing structures and succession plans? Facts  From 1 July 2028, trustees of discretionary trusts will be taxed at a minimum rate of 30% on the taxable income of the discretionary trust....

WATCH THIS SPACE: HOW NEW ANTI-MONEY LAUNDERING REFORMS WILL IMPACT LEGAL PRACTICE

by Riordan & Riordan | May 14, 2026 | Commercial

Summary New laws require lawyers to collect extra information and verify your identity before we can act for you. The new laws are designed to stop the use of legal services as a vehicle for money laundering or terrorism funding. Law firms and conveyancers must follow...

VACANT RESIDENTIAL LAND TAX AND ABSENTEE OWNER LAND TAX NOTIFICATIONS

by Riordan & Riordan | Dec 22, 2025 | Estate Planning

Notifications for vacant residential land tax (VRLT) are due by 15 February 2026 and for the absentee owner land tax surcharge by 15 January 2026. If you have made a notification in the past, you only need to make a new one if your circumstances have changed. Vacant...

SHOULD YOU TRANSFER REAL PROPERTY OUT OF YOUR SMSF NOW TO AVOID DUTY/TAXES LATER?

by Riordan & Riordan | Nov 25, 2025 | Estate Planning

Self-managed superannuation funds (Funds) frequently hold real property as part of their investment portfolio. Clients should be aware that there may be significant unexpected expenses incurred by your beneficiaries when real property assets are transferred out of the...

BEWARE THE EXPANDED VACANT RESIDENTIAL LAND TAX (VRLT) APPLICABLE FROM 2025 CALENDAR YEAR

by Riordan & Riordan | Aug 30, 2024 | Property

Our client mail out of November 2017 reported on the introduction of a new VRLT applicable from the 2018 calendar year. To view a copy of our mail out please see link to our website here:...