Tax & Duties

One of the many great attributes of investing in property is that the Federal government is on your side. The government understands the importance of investment properties and the vital role that it plays in the Australian economy. That is why investment properties are given financial benefits via tax incentives.

The tax benefits are in the form of:

 ¢ Tax deductions

 ¢ Depreciation Allowances, &

 ¢ Negative Gearing   

Sadly on the other hand State governments see property investors as a cash cow and a great way to raise state revenue… wealth tax you have when you haven’t got wealth tax!

These costs are in the form of:

 ¢ Land Tax &

 ¢ Stamp Duty

 

 ¢ Land Tax

taxman4.jpgThis is a State Tax which applies to most investment properties and is levied annually.    

...more information &

Land Tax Calculator

                

 ¢ Stamp Duty

Pig&hammer.jpgThis is a State Duty which is levied once-off when a property is sold or transferred.  

 

...more information &

 Stamp Duty Calc