Stamp Duty

Duty and Sub-sales: New Approaches, New Risks

Part 4A of Chapter 2 of the Duties Act 2000 commenced on 29 June 2005. The new provisions provide that transactions involving a party who is not the initial purchaser taking an interest in land do not attract additional duty unless the transactions are of a certain type.

Refunds of Stamp Duty on Transfers of Land and Business

Refunds or reassessments may be available where goodwill has been included in assessing the value of land for stamp duty purposes but application must be made within three years of date of payment or initial assessment.

Risk Alert - New stamp duty on leases!

The Duties Act 2000 (Vic) has recently been amended by the Duties Amendment Act 2009 (Vic).