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  1. Scott No Mates

    NSW Land Tax deduction to prevent double taxation

    Asset protection (for the person with 1%)
  2. Scott No Mates

    NSW Land Tax deduction to prevent double taxation

    You've miscalculated in the first instance. $400k+$100k-$412k (threshold) = $88k x 1.6% = $1408 payable by A Case b) $400+$99 = $499k x 1.6% = $1392 payable by A A saving of $16 If however they purchase both in 50/50 shares then each would pay $38k x 1.6% = $608 each or $1216 total.
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