NSW Government Bulletin
From www.holdingredlich.com: The NSW government has been criticized for spending more public money on coal promotion than on transitioning away from coal, as revealed in a recent report.… read more
States – Budgets Stamp Duty Land Tax etc
Vacant Residential Land Tax Exemptions
From pointonpartners.com.au: The State Taxation Further Amendment Act 2024 introduces significant changes to the vacant residential land tax (VRLT) exemptions, effective from January 1, 2025, allowing companies and trustees to qualify for holiday home exemptions under certain conditions.… read more
Victoria’s vacancy land tax
From www.bantacs.com.au: From January 1, 2025, a vacancy land tax will be implemented in Victoria, affecting all residential properties that are not occupied for at least six months during the previous calendar year.… read more
QLD GP payroll tax, first homebuyer stamp duty scrapped
From www.redlandcitybulletin.com.au: The Queensland government has abolished a proposed payroll tax on general practitioners, which was positioned to make doctor visits more expensive and hinder bulk billing, fulfilling a key election promise.… read more
Do you know about all these Victorian taxes?
From www.dbalawyers.com.au: The Victorian government has introduced several new or increased taxes, including the Commercial and Industrial Property Tax (CIPT) starting from 1 July 2024, which will replace transfer duty with an annual tax based on the property’s unimproved value.… read more
Cancelling Shares and Landholder Duty
From jmalegal.com.au: When shares in a private company with landholdings are cancelled, the shareholder who remains may incur a liability for landholder duty if their ownership interest increases as a result.… read more