How would one minimise the amount of Land tax payable on properties in NSW?
For example:
Client: Land value of $500,000
Estimated Land Tax ($500,000-$412,000) x 1.6% + $100 = 1,508
Spouse: Land value of $550,000
Estimated Land Tax ($550,000-$412,000) x 1.6% + $100 = 2,308
Planning on buying...