Each State and or Territory has different laws. You will have to carefully check each one ( pending where the property is being purchased), to see if when purchasing investment properties, there are applicable Land Tax and how do pay them as they are regulated by the State or Territory.
Mostly your own house will be exempt, it is based on the Valuer Generals valuation of you land only. You can then checkout if you are under/over the threshold. Over means you will have to pay yout Land Tax.
Click Here for NT Land Tax Details
Click Here for Vic Land Tax Details
Click Here for Qld Land Tax Details
Click here for NSW Land Tax Details
Click Here for ACT Land Tax Details
Click here for TAS Land Tax Details
Click Here for SA Land Tax Details
Click here for WA Land Tax Details
No comments:
Post a Comment