I just got a letter for Annual valuation
For PPOR the values hasn't changed for more than 4 years now this year all of the sudden it jumped by 140k...??! what is going on? what does it mean? Is it government's way of a tax grab, because they are so poor?
Do I need to do anything differently?
Will Brisbane city council rates go up?
Will I have to pay land tax this year?
Is this good or bad?
PPOR
Was: 350k
Now: 490k
IP
Was: 335k
Now: 470k
For PPOR the values hasn't changed for more than 4 years now this year all of the sudden it jumped by 140k...??! what is going on? what does it mean? Is it government's way of a tax grab, because they are so poor?
Do I need to do anything differently?
Will Brisbane city council rates go up?
Will I have to pay land tax this year?
Is this good or bad?
PPOR
Was: 350k
Now: 490k
IP
Was: 335k
Now: 470k