You must pay surcharge on the taxable value of all residential land that you own as at 31 December each year. There is no tax-free threshold applicable to ...

You must pay surcharge on the taxable value of all the residential land you own as at 31 December each year, in addition to any land tax you may already pay.

21 июн. 2024 г. · It is in addition to any regular land tax that may apply and is currently imposed at the rate of 4% of taxable land value. It applies on an ...

18 июн. 2024 г. · The government announced that it will be increasing the foreign purchaser duty surcharge and foreign owner land tax surcharge for 2025.

Individuals who purchase residential land or property in their own capacity will not be required to pay surcharge purchaser duty or surcharge land tax.

25 сент. 2024 г. · From 1 January 2025, foreign purchasers of residential land will pay an additional 9% duty, while foreign owners of residential land will pay an additional 5% ...

17 июн. 2024 г. · The surcharge will increase from 8% to 9% as from 1 January 2025. This will make the NSW surcharge duty rate the highest in Australia.

19 июн. 2024 г. · Amendments to the Land Tax Act 1956 will increase the surcharge land tax from four per cent to five per cent as at midnight 31 December, ...

Foreign persons owning residential land in NSW, have been subject to a surcharge of 0.75% of the aggregated taxable value of the land for the 2017 Land Tax year ...

UPDATE – 21 June, 2022: The NSW foreign owner surcharge land tax rate will increase from 2% to 4%, commencing from the 2023 land tax year.