Here’s a quick reminder to everyone that you have until 31 March to register for land tax and surcharge land tax. That’s not far away at all.
You may be liable to pay land tax if you own (individually or jointly), any property that is not your principal place of residence. This can include:
vacant land
a holiday home
an investment property, or
a commercial property.
You could also be liable for surcharge land tax if you are deemed a foreign person.
It’s not hard to register. You can do it online or alternatively, just call Revenue NSW on 1300 136 816.
If you have any questions about your situation, contact me via leah@stevensconveyancing.com.au or call 0414 894 031 to discuss.
Please note that the information contained in this article is of a general nature only and does not constitute legal advice. Stevens Conveyancing does not take responsibility for any errors or omissions obtained from the use of this information.