Will reductions in land tax make any difference to rents?
Tasmania, Taxation | 2nd March 2022
The Tasmanian Government’s announcement, in the first week of March 2022, of forthcoming changes to the land tax scale have prompted a raft of commentary, much of it not very well informed, on the effects of land tax and the likely impact of the changes proposed by the Government on rents. This note explains why the proposed reductions in land tax are unlikely to have any impact on rents.
2022-03-02 Land tax and rents Tasmania