If you are purchasing a property as an investment, a commercial premises, or a holiday home, you may be liable for annual NSW land tax. Your principal place of residence is generally exempt from this tax.
*Thresholds apply to the total taxable land value owned as at 31 December each year, excluding your main home.
To calculate your exact tax figures or submit a land tax registration, visit the official Revenue NSW Land Tax Portal.
Failing to calculate or register for land tax can lead to unexpected settlement delays and back-tax penalties.
Contact our business owners to structurally review your upcoming property acquisition.