Hi All, we had another thread going on Land tax for NSW, it can be quite tricky working out how things will be taxed once you have joint and separate holdings, feel free to post your examples, I will put one below using round figures, feel free to pick it apart or do your own examples, as it may help others plan for NSW purchasing, I won't go into every detail as I am not familiar with every detail or scenario and you should get your own advice and do your own checks not take any post as gospel. In NSW, a person, or persons, or entity or any combination on one title is thought of as a "purchaser" and each purchaser gets a threshold. But the calculation for the individuals adds from joint holdings with an allowance for double taxation (read OSR site on double taxation calcs), the below is just an example for people. But you never get 3 full thresholds combined, confusing ? well hopefully this may help clear some confusion. So 2 people own 3 properties, for the sake of making it easier to follow, I have changed and rounded the land value amounts. property 1 owned jointly by Fred and Jane 500k land value property 2 owned by Fred 500k land value property 3 owned by Jane 500k land value So there should be, for this year, 3 480k thresholds. Calculated as follows. Fred & Jane receive the threshold of $482,000 for the property/s they own together $500,000 - $482,000 = $18,000 x 1.6% + $100 (threshold) = $388.00 land tax payable for 2016. Fred receives the threshold of $482,000. He owns in his own right LV $500,000 plus his interest in the joint file of $250,000 taxable land value = $750,000. $750,000 - $482,000 = $268,000 x 1.6% = $4288.00 + $100 = $4388.00 land tax payable. We then have the secondary deduction of $1462.66. $4388.00 - $1462.66 = $2925.34 land tax payable. Jane receives the threshold of $482,000. She owns in her own right LV $500,000 plus her interest in the joint file of $250,000 taxable land value = $750,000. $750,000 - $482,000 = $268,000 x 1.6% = $4288.00 + $100 = $4388.00 land tax payable. We then have the secondary deduction of $1462.66. $4388.00 - $1462.66 = $2925.34 land tax payable.