Hi all,
Kathryn raised an interesting thread with her concerns about land tax in NSW. I also live in NSW and am very annoyed by land tax here. We have a land tax-free threshold of $261k for individuals (not much in Sydney), but trusts need to start paying land tax from the first dollar of land owned (ie, no exemption).
I'm just wondering what the land tax situation for IPs is like in Vic, Qld and WA for both individuals and trusts. Can anyone shed some light?
Cheers
John
Kathryn raised an interesting thread with her concerns about land tax in NSW. I also live in NSW and am very annoyed by land tax here. We have a land tax-free threshold of $261k for individuals (not much in Sydney), but trusts need to start paying land tax from the first dollar of land owned (ie, no exemption).
I'm just wondering what the land tax situation for IPs is like in Vic, Qld and WA for both individuals and trusts. Can anyone shed some light?
Cheers
John