Men’s Sheds to be deductible gift recipients

Men’s Sheds and Women’s Sheds will be able to seek endorsement as a deductible gift recipient as from 1st July, 2020. The purpose of Men’s Sheds and Women’s Sheds are to provide men and women with something useful to do … Continued

Duty Savings for Farmers

There are exemptions and concessions for the amount of duty payable on the sale or purchase of farm properties in Victoria.  Read on if you have clients who are farmers ….. Family Farm structures A Family Farm Company or a … Continued

The Vesting of Trusts

Once upon a time… In medieval England, there was no income tax, no capital gains tax, no complex tax code and regulations, and trusts could continue to operate indefinitely.  However, this enabled wealthy families to hold property in their trusts indefinitely, or … Continued

New fees for the 2016-17 financial year

ASIC and Consumer Affairs Victoria have announced their annual fee adjustments, effective 1 July 2016. The change most likely to affect you is ASIC’s fee for registering a proprietary company, which has increased from $463 to $469. You will be be … Continued

The (costly!) risk of a poorly drawn contract

One of our clients has shared with us a story which you may like to read. While it may be something that most of you would know, it doesn’t hurt to be reminded of the serious (and costly) implications of … Continued

Why the human touch can make all the difference

At Castle, we’re one of the few firms left in the industry where our experienced staff manually review every order. Yet we still turn around orders within 24 hours! Some people ask why we do it, when we have the … Continued

Proposed legislation to restrict the challenging of wills

New legislation has been introduced in Victoria (but not yet passed) which will severely restrict the rights of adult children and former spouses and domestic partners to challenge a will or testamentary trust. Widows, widowers, minor children and disabled children … Continued