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....
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...
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...
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...
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:...
by Riordan & Riordan | Nov 15, 2022 | Commercial
Back in November of last year we advised you of the new requirement for Directors to register for a Director Identification Number (DIN). The deadline for application is now fast approaching, with directors of companies, registered Australian bodies and registered...
by Riordan & Riordan | Nov 5, 2021 | Commercial
Directors are now required to verify their identity as part of a new director identification number requirement. Director Identification Numbers (DIN) are a 15-digit unique identifier that a director applies for and keeps forever, even if they change companies, stop...
by Riordan & Riordan | Oct 19, 2021 | Property
On 24 August 2021, the Commercial Tenancy Relief Scheme Regulations were brought into effect. The purpose of these Regulations, (along with the Commercial Tenancy Relief Scheme Act) is to provide rent relief for eligible businesses who have experienced a loss in...
by Riordan & Riordan | Oct 14, 2021 | Employment
As expected, following the Premier’s announcement on Friday 1 October regarding mandatory vaccination requirements for authorised workers, the Department of Health and Human Services released a new Direction from the Acting Chief Health Officer. The Directions...
by Riordan & Riordan | Aug 24, 2020 | Property
The Victorian Government has announced that there will be an extension of the ban on evictions and rental increases except in certain circumstance (which are not yet specified). Whilst the legislation is yet to be passed and the specifics yet to be clarified, it...