This is in Vic.
So my 87 yo mother in law got a land tax bill.
Got me to thinking, so I looked into it.
Read the fine print & from what I can understand we may have to pay this blardy cluckin new dictator dan tax.
We've spent the past 20+ years putting together a nice house and land to retire to.
It's not a ton of land, it's not a fancy house and we don't draw any income from either the house or land.
If what I understand is correct, we could be up for a 5 figure land tax bill each cluckin year.
How the clark are people supposed to pay that cluckin type of a bill, EACH YEAR.
Anyone else looked into this?
If this is the case, we'll see thousands, tens of thousands of people having to sell because they can no longer afford to live in their homes.
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mudski (30th April 2024)
Its the price we pay for the dickheads who put the poor money managers in charge of the bank. Our 15 acres in Gippsland costs 4k in rates for a cow paddock without any physical services and a dirt road, then we got hit with $1500 land tax because its not the principle residence. I suppose one day we will end up there, maybe, but in the meantime its value is skyrocketing well beyond the costs so its just what it is.
Stand UP, Stand Proud, Victoria is Coming BACK as ALWAYS Was Australia’s Manufacturing HUB
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Bloody oath!
Too little too late. This state is rooted and their debt will continue bring this state down. We have plans to finish off the house, wait until both our kids have flown the coop, one's already gone, and then look to move north. Where exactly, not sure.
Last edited by mudski; 1st May 2024 at 02:45 PM.
Looked into it more, it won't be a 5 figure bill, more likely 3, so we are very relieved.
What pisses me off, all the well to do with their mansions and bentleys, they won't pay a dime coz it'll be their primary place of residence. They can sell all their investments if they want.
It's people like the bloke who lives down the road from us, has a 1/4 acre block with chooks and runs some sheep on another block coz he can't afford much food so he slaughters his sheep and takes the chook eggs. He's going to get hit with this tax.
And the farmer up the road who is only just with head above water coz everything everywhere is screwed cost wise, he'll have to pay coz he's under-utilising his land coz he can't afford feed, vet bills etc to keep his farm adequately stocked.
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Just discovered it is a corgi-sized dog which has been visiting the property over the last few months. Tonight, the security camera showed the little bastard hiding behind a corner while I move the spotlight around searching for whatever is upsetting the livestock and dogs, yet again. Its very smart as it avoids the cage traps I have been setting. Baiting is not an option either.
Last edited by mudnut; 3rd May 2024 at 01:09 AM.
My advice is: not to follow my advice.
Bloody hell. Do not, I repeat do not update Tappa if you have the non paid version.
It’s painful to use with advertising!
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growler2058 (9th May 2024), Rossco (10th May 2024)