Hi all.
Apologies if already been answered.
Just working through my tax.
Have my land tax assessment which had my property down as an investment as at 31 December 2012.
Moved into it mid February-hence now ppor. From this date no income hence can't claim tax back from ato , but still have to pay land tax for remainder of the year.
This doesn't seem right to me but state revenue office says it is the legislation.
Any thoughts/strategies.
Thanks.
Apologies if already been answered.
Just working through my tax.
Have my land tax assessment which had my property down as an investment as at 31 December 2012.
Moved into it mid February-hence now ppor. From this date no income hence can't claim tax back from ato , but still have to pay land tax for remainder of the year.
This doesn't seem right to me but state revenue office says it is the legislation.
Any thoughts/strategies.
Thanks.