Land tax calcs

[Swany]

Hi all,

Was wondering if some one could explain how to calc land tax. Some questions I have are:-

What date is it applicable from?
Does it include property held prior to the introduction of land tax?
Does it include PPOR?
What's the rate etc etc

Many thanks

Swany

 

[Pushka]

It depends on the state your properties are in. It is usually a sliding scale (gets higher as your land value increases); doesnt include your PPOR, and it will include all Investment property once you reach the threshold amount.

 

[Swany]

Thanks Pushka,
I'm in NSW....

 

[buzzlightyear]

Swany all the information is here, including all recent mini-Budget changes

 

[Swany]

Thanks buzz!