Aug 18, 2023 | Capital Gains Tax, Deductions, Investment Property, Land Tax, Taxation
You’ve got a block of land that’s perfect for a subdivision. The details have all been worked out with Council, the builders, and the bank. But, one important aspect has been left out; the tax implications. Many small-scale developers often assume that their tax...
Nov 18, 2022 | Land Tax, Taxation
Foreign owner surcharge land tax From the 2023 land tax year, the surcharge land tax payable on residential land owned by foreign persons increases from 2% to 4% of the taxable value of the residential land owned at midnight on 31 December 2022. Early Payment Discount...
