Land Tax

Discussion in 'Accounting & Tax' started by Yson, 4th Jan, 2016.

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  1. Yson

    Yson Well-Known Member

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    4th Jan, 2016
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    Sydney
    Hi, is there a way to minimise the land tax bills apart from investing in interstates, what if i purely want to invest in NSW only, the bills get explode after using up the tax free thresholds at 1.6%?
     
    Yson, 4th Jan, 2016
    #1
  2. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    Company, other persons or SMSF.
     
    Terry_w, 4th Jan, 2016
    #2
  3. MattA

    MattA Well-Known Member

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    14th Oct, 2015
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    Central Coast NSW
    Strata titled units ?
     
    MattA, 4th Jan, 2016
    #3
  4. TFBoy

    TFBoy Well-Known Member

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    9th Aug, 2015
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    Sydney
    @Terry_w, i thought there are no threshold for companies/trusts in nsw if the directors already owns property in new?

    Unless you have someone else as director of aft co's?
     
    TFBoy, 5th Jan, 2016
    #4
  5. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    not so.
     
    Terry_w, 5th Jan, 2016
    #5