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Trust Deed of Variation

Discussion in 'Accounting, Tax & Legal' started by ianspence, 6th Aug, 2009.

  1. ianspence

    ianspence New Member

    Joined:
    6th Aug, 2009
    Posts:
    1
    Location:
    Perth, WA
    I have created a Deed of Variation for a Trust. I have added a Pty Ltd as new Trustee for the Trust.

    Do I have to register the Deed of Variation with a govt body or similar? Are there fees involved like Stamp Duty? I live in WA.
     
  2. Simon Hampel

    Simon Hampel Co-founder Staff Member

    Joined:
    9th Jun, 2005
    Posts:
    4,619
    Location:
    Sydney, Australia
    Usually it is your state's Office of State Revenue (or equivalent) which deals with stamp duty obligations - you would need to check with them.

    Department of Treasury and Finance WA

    I suspect you will need to have the Trust Deed re-stamped (ie pay new stamp duty on it) - I've never done this before so I'm not exactly sure what is involved.