Victorian property tax increases to hit owners

by

Ed.

From www.smsfadviser.com: Victorian property owners, including farmers, businesses, and individuals, will face a significant increase in the Fire Services Property Levy (FSPL), rising between 100% and 190% due to new taxation policies.

The FSPL will be rebranded as the Emergency Services and Volunteers Fund starting July 1, 2025, and will include a fixed charge and a variable rate based on property value.

Filed under: States - Budgets Stamp Duty Land Tax etc

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