In Check Issue 75 | June 2017

28 June, 2017

CGT withholding regime important changes from 1 July From 1 July 2017 some CGT withholding regime requirements will change. They are: lowering the price threshold for real property to $750,000 (currently $2M) increasing the withholding amount to 12.5 per cent (currently 10 per cent). These changes were brought in by the Treasury Laws Amendment (Foreign […]

In Check Issue 74 | March 2017

27 March, 2017

What is new on LPLC’s website? Cyber security page We have a new risk management page dedicated to cyber security issues and a rolling banner on our website home page that will take you straight to the cyber security page. Building and construction practice area page We also have a new risk management practice area […]

In Check Issue 73 | December 2016

7 December, 2016

Cyber risk awareness for lawyers and clients We regularly hear stories from law firms about cyber risk issues they are experiencing and to assist in managing this ever increasing, more sophisticated and ongoing threat we recently published a bulletin and checklist on the subject. The bulletin explains how easy it is to be caught out […]

In Check Issue 72 | September 2016

28 September, 2016

Clarifying some CGT withholding issues If you missed LPLC’s three recent bulletins about the new CGT withholding regime you can read them here. As our bulletins explain, the new regime applies to acquisitions of various assets. This is a broader concept than just buying land. It can include deemed ownership of land on the death of a […]

In Check Issue 71 | June 2016

27 June, 2016

Urgent bulletin for conveyancing practitioners: 1 July new CGT withholding payments for real property sale of $2M or more If you missed LPLC’s previous email bulletin about the new CGT withholding requirements for the sale of real property worth $2M or more click here. Key points New requirements apply for contracts of sale of real […]

In Check Issue 70 | March 2016

31 March, 2016

Cyber-crime – how alert are you? Lawyers and the legal profession are increasingly becoming targets of cyber-crime and while many law firms may not appreciate it, they hold information about clients that may be valuable to cyber-criminals. The cyber-criminals can on-sell client personal or transactional information. They can also lock down a firm’s information and […]

In Check Issue 69 | December 2015

1 December, 2015

Count your days to the end of the year carefully As the end of the year approaches there are three simple tips to make sure you don’t start the new year with a messed up time limit claim. Be mindful of the various public holidays that occur at this end of the year when calculating […]

In Check Issue 68 | September 2015

21 September, 2015

Power of attorney – new Act and forms The changes to powers of attorney in Victoria are now here as the new Powers of Attorney Act 2014 (Vic) (Act) came into effect on 1 September this year. The Act covers four powers: General non-enduring powers of attorney (previously called general powers of attorney) Enduring powers […]

In Check Issue 67 | June 2015

15 June, 2015

Cyber-crime – client’s email account being hacked A recent New Zealand case has highlighted the insidious nature as well as the prevalence of cyber-crime. The Victorian Legal Services Commissioner has recently received a complaint involving similar circumstances so Victorian lawyers should not be complacent. Practitioners need to implement a risk management strategy to combat these sophisticated crimes. […]

In Check Issue 66 | March 2015

24 March, 2015

FIRB approval space is changing Practitioners in the property area need to be aware of what is happening in foreign investment regulation in Australia as there has been considerable focus on this area recently. In the past few weeks several high profile articles have been published about the lack of Foreign Investment Review Board (FIRB) […]

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In Check Newsletter

In Check is LPLC's quarterly risk management newsletter. Since 1995, Victoria's legal practitioners have looked to In Check to stay informed about important developments affecting their professional risk.