Search results

Hi Aaron, Most states have Land Rich provisions. NSW and QLD do as well as VIC. What this means is that more stamp duty may be payable if the entity owns land valued over a certain value - often $1mil. But this doesn't detract from the benefits I outlined above because units in a unit...

There is absolutely no asset protection in Hybrid trusts (or the tax compliant ones anyway) as the units are property. The main benefit is that the units can be transferred without the need to transfer title of the asset. This gives maximum flexibility. The refinancing principle is the other.

Hi I don’t think there are any new ‘rules’ just clarification from the ATO on what they won’t allow in terms of deductibility of interest – especially uncommercial transactions 1. Trust need may need to be amended if it is not complying. Before doing so much sure that this won’t result in CGT...