News and Views Podcast Show · Sarah Power: Director of Business Concepts Group, Financial Planner and Accountant

NV153: Victorian State Property Tax changes

·20 min·1 clip
Chris Reid warns that Victoria's State Revenue Office is aggressively backdating land tax assessments, creating penalties and amendment headaches for property owners.
Sarah Power and tax expert Chris Reid analyze recent Victorian property tax changes, including the abolition of stamp duty on commercial properties replaced by a new annual tax, the expansion of vacant residential land tax statewide, and compliance risks with backdated assessments. They provide practical advice for property owners and investors navigating these complex reforms.

As heard by us

A clear, practical look at Victoria's property tax transition and settlement timing.

Victorian state property tax changes are the clear center of this piece, and the shift away from upfront stamp duty is explained in a way that is easy to track.

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Why you'd press play

You get the Victorian property tax shift mapped to buying, timing, and settlement decisions.

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