First home buyers in New South Wales will soon be able to opt for an annual land tax instead of stamp duty. Here's how much you'll pay.
land tax
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NSW Premier Dominic Perrottet has described stamp duty as the "worst tax any government can have", and it could soon become a thing of the past.
Overwhelmed by the cost of stamp duty? A proposal by the NSW Government could give homeowners the choice between that and land tax.
The NSW Government's proposal to ditch stamp duty in favour of land tax has been welcomed, but one group of property buyers would end up paying more.
NSW residents could soon be free of compulsory stamp duty after the state government proposed a land tax model it's calling "the Netflix of property tax".
Jane's sister is thinking of renting her house out while she goes camping over Christmas, but will she then have to pay capital gains tax when she sells?
Stamp duty is an expensive burden for first-home buyers but is an increased land tax the solution for NSW and Victoria homeowners?
