Property Tax
At Thompson and Wallace Partners, we understand that property tax can be a complex and confusing issue. That’s why we provide specialised skills and knowledge to help our clients navigate the system.
We have a team of experienced professionals who are familiar with the latest laws and regulations. We can provide advice on a range of topics, including how to minimise your tax liability, how to maximise deductions, and how to structure your affairs to minimise compliance risks.
We also offer a complimentary consultation to discuss your specific needs. Contact us today to learn more about how we can help you with your property tax matters.
What is Property Tax ?
In Australia, property taxes are imposed by both the federal and state governments.
The most common type of property tax is the land tax, which is levied on the owner of a property based on the value of the land.
Other types of property taxes include stamp duty, which is levied on the purchase of a property, and council rates, which are imposed by local governments.
Property taxes are generally used to fund public services such as education and infrastructure. In some cases, they may also be used to fund specific programs such as environmental protection.
