US EditionAre you liable for Land Tax - Changes to the Principal Place of Residence Exemption & others - Coutts Lawyers & Conveyancers
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Are you liable for Land Tax - Changes to the Principal Place of Residence Exemption & others - Coutts Lawyers & Conveyancers
KEY TAKE OUTS: For the Land Tax year commencing from 1 January 2025, you must own at least 25% of the property, either solely or jointly with another individual to claim the principal place of residence land tax exemption for the 2025 calendar year You must have continually used and occupied the land for residential purposes since 1 July in the preceding calendar year, or a minimum of six consecutive months if a recent purchase Where the exempt…
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