Beware when purchasing property in NSW as some sellers will place a condition in the contract that has the buyer agreeing to the apportionment of...
In reading up on NSW Land Tax, when you rent out what was your main residence, there seems to be an exemption for your main residence for up to 6...
If a company owns land it is liable for any land tax on the land. The company is a separate legal person to the directors. But legislation will...
Hi All, Am new to this and hoping someone can help me with a question I have regarding land tax in NSW. I recently purchased a block of vacant...
My husband & I have an investment property in our personal names (land value $383,000) and we are now going to buy another property in a family...
A great strategy is to leave assets to a TDT – Testamentary Discretionary Trust. Under NSW land tax law a beneficiary under a Testamentary...
In NSW the land tax threshold is currently $734,000 (as of 2020) This means an individual could hold up to $734,000 in property, with a land...
I have recently sold an investment property through an auction and we had a bit of interesting scenario around land tax and I thought I would...
Legal Tip 258: New Land Tax Sting for Trusts and Companies owning Land in NSW Under NSW law a ‘foreign person’ will pay more land tax and stamp...
Hi all I am seeking views on what arguments have worked in getting NSW Land valuations down to ensure I am not missing an angle. I am pushing...
In NSW land tax is assessed on a person’s land holdings as of 31 December each year. The principal place of residence (PPOR) is generally exempt...
Greetings, I am I'm the process of subdividing a property for a family member. The final subdivision has been accepted by council and the land...
Tax Tip 182: Land Tax and Religion in NSW In NSW, and probably other states (haven’t looked), there are land tax exemptions available for land...
Land Tax Comparison owning Property in Own name v Trust in NSW Trusts are heavily taxed with land tax in NSW. A simple example will be enough to...
Can someone confirm my understanding on land tax exemption in NSW. I am living in my PPOR (Property 1, land valued at 350K) at the moment and...
My uncle and his wife are recent retirees in in their 60s. Conservative in investment profile they have a dilemma in their retirement years, which...
Tax Tip 170: Foreign Surcharge Exemption for Foreign Developers (NSW) As you may be aware there are new stamp duty surcharges on ‘foreign...
Tax Tip: Land Tax and Vacant Land NSW The land tax laws for vacant land and the PPOR exemption for land tax are complex and confusing. They can...
Currently, Australian permanent residents are subject to the surcharge and land tax duty unless they have been in Australia for 200 continuous...
Hi all, I cannot find any concrete answers anywhere and I hope you could assist. I understand that a company receives the land tax threshold....
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