Understanding the New NSW Land Tax and Investment Returns

Understanding the New NSW Land Tax Starting 31 December 2024, the NSW government will calculate land tax based on a new threshold. Property owners will pay $100 plus 1.6% of their combined property value above the tax-free threshold, which is set at $1,075,000 for 2024. For example, if your combined land value is $2,000,000: Subtract […]