CGT and stamp duty on a proposed transaction
Manage your taxes CGT and stamp duty on a proposed transaction Navigate complex tax issues with confidence and certainty. Selling property or business assets triggers CGT and stamp duty consequences, and the rules governing both are complex and constantly evolving. The small business CGT concessions, rollover relief provisions, and state-based stamp duty rules each contain […]
Should I hold my family home in a trust?
It is well understood by savvy property investors that holding investment properties in a trust can offer the benefits of asset protection, estate planning and tax efficiency. The next question is whether these benefits extend to the family home. In other words, is it worth holding your family home in a trust?
The simple truth about capital gains
Previously, politicians (most recently, the Shorten Opposition) have proposed halving the CGT discount to 25%, or maybe eliminate it completely. Is this a good idea? Andrew Andreyev shares the simple truth
Is there any CGT or stamp duty when a joint tenant transfers their interest to the other joint tenant?
Is there any CGT or stamp duty when a joint tenant transfers their interest to the other joint tenant?
Do you need to pay stamp duty on a trust deed in New South Wales (NSW)?
Yes. Duty of $500 is payable on the deed that establishes a family discretionary trust (and other forms of trusts).
Do you need to stamp a trust deed in South Australia (SA)?
No. It is no longer necessary to stamp a trust deed in South Australia.
Can you distribute property from a company in liquidation to a shareholder stamp duty free? (in SA)
In South Australia you can transfer a property from a company to the shareholders of the company without paying stamp duty. The exemption is found is section 71(5)(a) of the Stamp Duties Act 1923 (SA). It does not matter who the shareholders are. For example, the shareholders can be individuals, other companies and trusts. Section […]