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Land Tax Exemption Changes-Updated

24 Jan Land Tax Exemption Changes-Updated

Posted at 13:24h in Commercial & Property Law by quirky-curran 0 Comments

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On 1 February 2024 changes introduced to the Land Tax Management Act (LTMA) 1956 become effective, changing the eligibility for principal place of residence exemption for landowners (PPR exemption). If you own less than a 25% interest in the land, and you currently receive a...

01 Nov Land Tax Exemption Changes

Posted at 12:27h in Commercial & Property Law, Conveyancing by quirky-curran 0 Comments

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From 1 February 2024, a person is not entitled to a principal place of residence exemption in relation to a property, unless all the persons who use and occupy the property as their principal place of residence together own at least a 25% interest in...

how land tax works Tag

Land Tax Exemption Changes-Updated

24 Jan Land Tax Exemption Changes-Updated

Land Tax Exemption Changes

01 Nov Land Tax Exemption Changes

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