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I just used the sro land tax calculator for Victoria. According to their calculator if you have land value of $1.6m, no trust, tax comes to $7775. Same land value in a trust makes the tax bill a bit over $13k. Doesn't seem right to me? :confused:

That sounds about right. Does anyone know the threshold for Victoria?

That's what I mean. Creating a trust to reduce land tax in Victoria is pointless but beneficial in qld. Or do i have it all wrong?

Wylie, from what I read trusts do nothing to reduce land tax? I'm in Victoria and pretty sure it's a different set of laws regarding land tax in qld.

I can't wait to get my land tax bill next year. Expecting a figure equivalent to an overseas holiday.