PLL Partners

PLL Partners We strive to partner with our clients, in any stage of their journey to achieve their goals.

📣 Important Update for Clients and the Australian Legal Profession From 1 July 2026, new Anti-Money Laundering and Count...
12/06/2026

📣 Important Update for Clients and the Australian Legal Profession

From 1 July 2026, new Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) obligations will apply to Australian law firms.

These reforms are being introduced to strengthen transparency, security, and integrity across certain legal transactions. As part of these changes, lawyers will be required to undertake additional identity verification and customer due diligence processes for applicable matters.

At PLL Partners, we have been proactively preparing our systems and processes to ensure your experience continues to be smooth, efficient, and well supported.

What this may mean for you:
✔️ You may be asked to provide identification documents as part of your matter
✔️ Additional verification steps may apply in certain circumstances
✔️ Some transactions may involve enhanced compliance requirements under the new legislation

We understand these changes may be unfamiliar to many clients. Our team is committed to guiding you through each step clearly and efficiently, with minimal disruption to your matter.

If you have any questions about how these upcoming changes may affect you, please contact our office — we are here to help.

🚗 Buying or selling property with car parks in Melbourne? There’s a tax many people don’t see coming.From 1 January 2026...
11/03/2026

🚗 Buying or selling property with car parks in Melbourne?

There’s a tax many people don’t see coming.

From 1 January 2026, the congestion levy has expanded and increased — meaning more Melbourne properties with parking spaces may now attract a significant annual charge.

If you’re dealing with commercial or mixed-use property, it’s something that needs careful attention during conveyancing.

Here are a few key things property owners and buyers should understand:

1️⃣ The levy can be substantial
For 2026, the congestion levy can be:
• $3,030 per parking space in Category 1 areas
• $2,150 per parking space in Category 2 areas
That means a property with 10 parking spaces could face over $30,000 per year in levy liability.

2️⃣ “Parking spaces” include more than marked bays
Even unmarked areas used for parking can count as parking spaces under the law. If the spaces cannot be easily counted, the legislation allows them to be deemed based on area size.

3️⃣ Residential parking is usually excluded
Spaces used exclusively for residential purposes are generally not subject to the levy.
However, if a residential owner rents a parking space to a third party, the levy may apply.

4️⃣ Disclosure in a Section 32 is critical
If the levy applies and it is not disclosed correctly in the Section 32 Statement, a purchaser may have the right to terminate the contract before settlement.

5️⃣ New owners must register with the SRO
Purchasers of land with levy-affected parking spaces must register with the State Revenue Office within one month of settlement, or penalties can apply.

💡 The key takeaway:
Parking spaces can carry significant tax and disclosure consequences in property transactions. Identifying them early can avoid disputes, penalties, and failed settlements.

If you're buying, selling, or developing property with off-street parking in Melbourne, it’s worth getting the legal details right from the start.

📩 If you have questions about congestion levy obligations or property transactions, feel free to reach out to our team.

✨ Merry Christmas & Happy New Year ✨As the year draws to a close, we would like to sincerely thank all our clients and b...
23/12/2025

✨ Merry Christmas & Happy New Year ✨

As the year draws to a close, we would like to sincerely thank all our clients and business partners for your trust, support, and collaboration throughout the year.

We wish you and your loved ones a Merry Christmas and a safe, relaxing festive break.

May the New Year bring you even greater success and prosperity.

Our office will be closed during the festive season and will reopen at 9:00am on Monday, 5 January 2026.

We look forward to continuing our work together and achieving even greater success in 2026.

Warmest wishes,
The team at PLL Partners🎄✨

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Tower 1, Level 8, 1341 Dandenong Road
Chadstone, VIC
3133

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Monday 9am - 6pm
Tuesday 9am - 6pm
Wednesday 9am - 6pm
Thursday 9am - 6pm
Friday 9am - 6pm

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