Breaking news - Ability to pass on land tax finally on the table

The State Government has recently released for consultation the draft Land Tax and Taxation Administration Amendment Act 2009, which amongst other things, aims to remove the restriction in the Land Tax Act 1915 against passing on the cost of land tax to tenants (while retaining the same restriction in the Residential Tenancies Act 1994 and the Retail Shop Leases Act 1994).

See the article at:

http://www.propertyoz.com.au/qld/Article/NewsDetail.aspx?p=16&id=857

Yours in property