WebOct 12, 2024 · Under the proposed regime, the government planned to charge a state land tax based on the value of properties held across Australia, rather than just in Queensland. The Treasurer positioned the move as one that would supposedly “close a loophole” that interstate investors were exploiting. The REIQ was quick to refute this and to call the ... WebSep 30, 2024 · Queensland government shelves controversial land tax changes as treasurer defends policy By state political reporter Rachel Riga and staff Posted Thu 29 Sep 2024 at 10:36pm, updated Thu 29 Sep 2024 at 10:49pm Premier Annastacia Palaszczuk said the decision was made after she spoke to state and territory leaders.
ANZAC Day: A state-by-state guide to 2024 trading hours
WebMar 8, 2024 · When there is both a put and call option, the provisions, in effect, operate to trigger two lots of tax at rates up to 5.5% on the dutiable value of NSW land once on the transfer/nomination of the option for valuable consideration and another on … WebSep 30, 2024 · The Queensland government has shelved changes to land tax after the premier met with interstate leaders — but Treasurer Cameron Dick has continued to … high and crowe
Dick stands by his land tax reform as Premier abandons the plan
WebSep 30, 2024 · The tax-free threshold is currently $600,000 for individuals and $350,000 for companies and trustees. As the reforms are currently law, it is unclear when legislation … WebSep 15, 2024 · Land tax is an annual tax that's calculated by adding up the taxable value of the freehold land you own in Queensland on June 30. There are different rates according to the total value and the type of owner you are, Queensland Treasury … WebCalculating land tax. The rate of land tax used depends on the type of owner you are (e.g. individual, company, trustee). This rate will apply to your share of the land that you own (if you own land with others). Individuals. Absentees. Companies and trusts. Foreign companies and trusts. high and compress ms office 2016