First Class Legal

04/05/17: Stamp duty changes from 1 July

Filed under: Industry News

The Victorian government has released a raft of measures which will take effect on 1 July (as long as they are passed by Parliament).

A previous blog has discussed the main ones but another one has come to light and that it is that spousal transfers of property other than the principal residence (your home) will attract stamp duty from 1 July unless there is a court order.

No need to re-invent the wheel so have a look at the attached for a handy summary of the upcoming changes – http://bit.ly/2qwqrQh

As always, contact us if you would like more information – 1300 956 321. Ask for Lindel Hoskins or Leonie Jarrett – lindel@firstclasslegal.com.au and leonie@firstclasslegal.com.au