The State Governments around Australia have become increasingly greedy against investment property owners, living both in and out of Australia.
Land tax is not payable on the property you live in as your residence, so many property owners in Australia are completely unaware of it. As landlords, you are usually entitled to a tax-free value in each State, but the underlying values have been sneaking up and have made many investors that previously were underneath the taxable amount being pushed into taxable levels.
The requirement to make sure you are paying the correct Land Tax is on the owner, so you should be checking with the online options in the State of your property to ensure you are properly registered and contactable to avoid the nasty surprise of back-dated Land Tax bills with hefty penalties.
This is a key reason we have established APPOLA, to fight against this and other impositions on Landlords and reaffirm the social importance of Landlords in providing quality and affordable housing for the community.
The surge in Land Tax costs is a major factor in lifting rents up and this needs to lift this awareness in order to get the public to realise that it is in fact Government being the largest contributor to housing unaffordability through costs and poor policy decisions.
For anyone interested in supporting our efforts in fighting these issues visit and join APPOLA and read our Submission to the Senate Housing Committee on Housing Affordability.
