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  1. K

    OMG! Victorian State Land Tax 2011-2012

    Our Land Tax Down by 50% This Year We have just returned home from 14 weeks Long Service Leave (Ah! P&O Arcadia, what a great run from Sydney to Southampton! Just bliss!!) With some trepidation I opened bulging boxes of mail and came upon the State Revenue Office letters – and with great...
  2. K

    OMG! Victorian State Land Tax 2011-2012

    Hi Gools Yes, looking at our Assessments, it is the 3 x thresholds which have reduced the pain somewhat Each purchasing entity - as Natural Persons - has it's own threshold Bludger, yes I agree that over the life of the investments, once the threshold is surpassed the Land Tax can...
  3. K

    OMG! Victorian State Land Tax 2011-2012

    Bludger In my opinion, that's like using a cricket bat to swat a fly The cost of operating any corporate entity would be about the same as the extra Land Tax for that particular property plus you then visit complications upon that property for evermore. There is no threshold in Victoria...
  4. K

    OMG! Victorian State Land Tax 2011-2012

    Jingo Never mind buying in other States - this is more to with the fetish for buying house & land! Buying flats or apartments would mean you could get a lot more in numbers and value of property before being clobbered with the bracket creep! Well, it has been my long term ambition to...
  5. K

    OMG! Victorian State Land Tax 2011-2012

    Oh, My God! What have I done to offend You! Australia Post delivered the Victorian State Land Tax Assessment for 2011-2012 today. Please excuse me for a while. I will need to have a Bex, a cup of tea and a good lie down. OMG! Truly, I am left gasping. (groan) Kristine
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