Franchising Code of Conduct - Government Response & Expected Changes
The Commonwealth Government has issued its response to the Independent Review of the Franchising Code of Conduct conducted in December 2023, with changes expected in 2025.
Harwood Andrews Reopens its Geelong Office and Unveils New Brand Identity.
Harwood Andrews is proud to announce the reopening of its’ Geelong office after undergoing a state-of-the-art refurbishment over the past 12 months. The firm has also launched a fresh brand identity, showcasing a modernised logo and colours, updated website, and refreshed messaging that emphasises the firm's focus on community, connection, legal knowledge and expertise.
Property Transfer – What to do if your property is transferred into the wrong name
Property was mistakenly transferred to an unrelated company. Error was found 10 years later, real owners sought exemption to land transfer (stamp) duty. Costs for the responsible law firm pursued, emphasising the importance of due diligence in property transactions.
Estate Planning in the New Financial Year – Put Your Tax Return to Use
Take advantage of your tax return this new financial year by investing in your estate planning, and ensure that your hard-earned assets are distributed according to your wishes, with the help of our Wills and Estates team.
Bankruptcy Law Reform
The Attorney-General has announced reforms to Australia’s bankruptcy laws which seeks to reduce the stigma associated with entering into bankruptcy and to ensure that Australia’s bankruptcy system is fairer and operates in the best interests of all Australians.
New Victorian Wine Strategy – Do you have an interest in wine?
The Victorian Government and the wine industry are co-designing a new strategy funded by the 2023-2024 State Budget. Over two years, stakeholders can shape the Victorian Wine Strategy through forums and submissions. Agriculture Victoria's engagement paper invites input on industry issues and opportunities until Sept 1, 2024.
High Court Ruling - Land Tax Exemption for Primary Production
The High Court has ruled on the ‘dominant use test’ for the primary production land tax exemption. In the recent Godolphin case, the multifactorial analysis has been confirmed with no one factor being regarded as determinative. The Court has clarified that the ‘dominant use’ requirement qualifies must be both the lands use as well as its purpose.
Land Tax Exemption for Primary Production: Win for the Taxpayer
The land tax exemption for primary production land has been clarified where land is used for multiple purposes. The dominant use test has been interpreted as an objective assessment where profitability is not determinative.
Harwood Andrews Dispute Resolution & Litigation team Ranked in Doyles Guide, Victoria 2024
Harwood Andrews is delighted to have been identified by clients and peers for expertise and abilities in the 2024 Doyles Guide. Doyles Guide is a highly regarded independent annual peer review of the leading corporate law firms and lawyers in Victoria.
Changes to Holiday Home exemption for Vacant Residential Land Tax
On 4 June 2024, the State Taxation Amendment Act 2024 (Act) received Royal Assent. The Act, amongst other significant taxation changes, amends the holiday home exemption by introducing new provisions to section 88A of the Land Tax Act 2005 (LTA).
Merristock v Commissioner of State Revenue: Primary Production Land Tax Exemption and Discretionary Trusts
Taxpayer successfully appeals against Victorian State Revenue Office (SRO) decision that land owned by them was not eligible for the primary production land tax exemption.
ATO Seeks to Mitigate NALI Setback in BPFN Ruling
The ATO responds to the BPFN ruling, which challenged its stringent stance on non-arm's length income (NALI) in SMSFs. While maintaining the importance of benchmarking, the ruling highlights the validity of commercial assessments in private lending schemes.
New Land Tax Exemption for Social and Emergency Housing
The Victorian State Budget for 2024/2025 has revealed a new tax measure for land utilised in social and emergency housing. This new land tax exemption aims to clarify existing arrangements, ensuring landowners involved in such housing initiatives are not burdened by excessive land tax obligations.
Children’s expenses: to bind or not to bind?
School fees, swimming lessons, uniforms, football and dance classes, the list of the ever increasing expenses of raising children goes on. When parents separate, expenses that were once agreed and were paid from joint funds can become a point of contention.
Victorian Regional Tourism Investment Fund 2024 – A Win for the Tourism Industry
The Victorian Government launches the Regional Tourism Investment Fund 2024, aiding tourism projects in rural and regional Victoria. Grants up to $5M available. Eligibility open to various entities. Apply by July 19, 2024.
A spotlight on the current affordable housing crisis – An Overview from the Federal Budget 2024/25
The 2024/25 Federal Budget has announced $6.2 billion of new initiatives in the budget to respond to Australia’s housing shortage.
Reversal of Land Transfer to Self-Managed Super Fund Due to Unconscionable Conduct
The New South Wales Supreme Court reverses land transfer to SMSF due to son's unconscionable conduct in Cihan Family Trust v Cihan Family Superannuation Fund [2023] NSWSC 1289
Proposed regulation changes: Caravan and residential park operators, are you up to date?
The Residential Tenancies (Caravan Parks and Movable Dwellings Registration and Standards) Regulations 2020 (current Regulations), which regulates caravan and residential park operators is set to expire on 30 June 2024.
Harwood Andrews Recognised In Best Lawyers® Award 2025 Edition
Harwood Andrews is pleased to announce that 9 lawyers have been included in the 2025 edition of The Best Lawyers in Australia™. Since it was first published in 1983, Best Lawyers has become universally regarded as the definitive guide to legal excellence.