Buyers will be able to choose a $400 annual fee and 0.3% of the land value while it’s their primary residence instead of stamp duty
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Prospective first home buyers in New South Wales will be able to see how much money they would save by opting in to an ongoing land tax instead of stamp duty, with a new online calculator.
The government will introduce legislation this year to trial the First Home Buyer Choice from January.
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Continue reading…Buyers will be able to choose a $400 annual fee and 0.3% of the land value while it’s their primary residence instead of stamp dutyFollow the latest news with our live blogGet our free news app, morning email briefing or daily news podcastProspective first home buyers in New South Wales will be able to see how much money they would save by opting in to an ongoing land tax instead of stamp duty, with a new online calculator.The government will introduce legislation this year to trial the First Home Buyer Choice from January.Sign up to receive an email with the top stories from Guardian Australia every morning Continue reading…