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Nevett Ford

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Ballarat Office
40 Armstrong Street North
BALLARAT   3350
T 03 5331 4444
F 03 5333 2694
email:
ballarat@nevettford.com.au 


Melbourne Office
Level 42 South Tower Rialto
525 Collins Street
MELBOURNE   3000
T 03 9614 7111
F 03 9614 3192
email:
melbourne@nevettford.com.au


Bacchus Marsh Office
127 Main Street
BACCHUS MARSH   3340
T 03 5367 1033
F 03 5367 4991
email:
bacchusmarsh@nevettford.com.au

E-bulletins 

Business Law e-bulletin
March 2007

  • GST trap for unwary business vendors

Many people attempting to sell their business without competent professional help would by shocked to discover they may have to hand one-eleventh of the purchase price over to the Australian Tax Office. 

To view the full article, click here

  • Asset Protection Basics

If you are about to buy, or are in the early stages of operating a new business, you should be careful to choose the most suitable ownership structure.

To view the full article, click here


Property and Conveyancing e-bulletin
January 2007
  • New duty concession for home buyers

The Victorian Government has recently made available a duty concession for purchasers intending to use the property as their principal place of residence.  This tax relief is offered to eligible purchasers who are first home owners as well as those who are purchasing their second or subsequent home.

To view the full article, click here



Business Law e-bulletin
April 2008
  • Borrowing by Super Funds.

As many would be aware, recent changes to the superannuation laws now enable super funds to borrow money to purchase assets and thereby gear up their holdings - a concession likley to appeal to many clients.

To view the full article click here.


Property and Conveyancing e-bulletin
August 2008

  • Update on Government Home Buyer Benefits and Duty Concessions 

The first home bonus has been extended to offer an additional $3,000.00 grant to purchase a newly constructed home for those eligible for the first home bonus in regional Victoria.  Currently a bonus of $3,000.00 for existing homes or $5,000.00 for new homes is available across Victoria in addition to the $7,000.00 first home owners grant.  The new regional bonus is additional to the existing $12,000.00 available for newly constructed homes valued under $500,000.00.

To view the full article, click here

 


Business Law e-bulletin
September 2008

  • Surprise decrease to the penalty interest rate

After remaining stable at 12% since 2006, last week the Victorian State Government announced that the official penalty interest rate will decrease to 11% per annum from 1 September 2008.

To view the full article, click here

 


Family Law e-bulletin
November 2008

  • The Relationships Act 2008 (Vic)

The Relationships Act 2008 (Vic) is due to come into force within the next few months.  The Act deals with the way in which parties' property and financial resources will be distributed, in the event of the breakdown of the relationship.  Parties in domestic relationships (formerly known as de facto relationships) should be aware of the changes to the existing laws and may wish to contract out of the new legislation by entering into a Relationship Agreement. 

To view the full article, click here

 


Family Law e-bulletin
November 2008
  
  • Adult Maintenance For Children Over 18

Separated parents might be shocked to know that they may be required to pay maintenance for children over 18 and attending, for example, University. 

To view the full article, click here


Business Law e-bulletin
November 2008   
 
  • Trust Cloning Tax Concession Abolished 

On 31 October 2008 the Federal Government announced that it will remove the capital gains tax exception for clone trusts. 

To view the full article, click here.


Migration Law e-bulletin
November 2008  

  • Migration Workers Protection Bill (Commonwealth) 

A Bill, entitled the "Workers Protection Bill" proposes amendments to the Migration Act to change the framework for the sponsorship of non citizens seeking entry to Australia. 

To view the full article, click here


 

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