This checklist covers the most common tax issues and related charges. Includes duty, CGT, lodging fees, land tax and subdivisions.
Key Risk Checklist Tax Dec 2024.docx
Word format — editable
More on Property
Webinars
Duty and taxation issues in deceased estates
Tax, Estate Administration
01 May 25
The administration of a deceased estate often involves the identification and management of taxation and duty issues. In this webinar, Lav Chhabra, Accredited Specialist, Wills and Estates, reminds practitioners of some of the key taxation and duty concerns that arise in estate administration, and provides practical tips on how to manage the risks.
Webinars
Navigating the complexities of caveats under S.89 of the Transfer of Land Act
Conveyancing
27 Mar 25
Many caveats are validly lodged and sustainable, but sometimes there are uncertainties and complexities that expose practitioners to risks including cost orders, disciplinary action and claims.
LPLC Articles
Nomination risks when purchasing property
Conveyancing, Tax
21 Mar 25
Nominating a new purchaser under a contract of sale of land is fraught with risk. LPLC continues to see claims where purchaser clients enter into a contract (or option) to purchase land and then nominate a substitute or new purchaser after applying for a planning permit, building permit or undertaking other land development activities.
Latest News & Alerts
News
LPLC welcomes new Committee member
Resources and information
28 Mar 25
The Legal Practitioners’ Liability Committee is delighted to welcome Justin Graham KC as a new Committee member commencing in March 2025.
News
LPLC congratulates Adrian Finanzio SC on judicial appointment
28 Feb 25
The Legal Practitioners' Liability Committee and staff congratulate recent committee member, Adrian Finanzio SC, on his appointment as a Judge of the Supreme Court of Victoria.
Alert
Foreign Resident Capital Gains Withholding Rule Changes
Tax
12 Dec 24
Legal practitioners acting in property transactions take note that the foreign resident capital gains withholding (FRCGW) rules are changing on 1 January 2025.