- Scott No MatesParticipant@scott-no-matesJoin Date: 2005Post Count: 3,856
I am looking to lease out a property somewhere between xmas/new year if possible however as it will be leased on the 31/12 which is when the OSR decides it will charge land tax I will be liable for a year's land tax for having leased it a few days before new years. This wouldn't happen if we let the property on 1 Jan (with a liability arising 1/1/12).
Can anyone suggest any way around this?WJ HookerParticipant@wj-hookerJoin Date: 2007Post Count: 272
I understand your position, but do you own the property now ( not your PPOR ? )
The land tax is on any property that's not your PPOR, or over a certain value ( depending on other properties ) which I'm sure you know about, so I am guessing this property is your PPOR at the moment ??? or am I missing something.Scott No MatesParticipant@scott-no-matesJoin Date: 2005Post Count: 3,856
yes, it’s my ppor but I’m relocating pre-Xmas.