Financial Planner, Harry Petropoulos speaks to SBS Greek.
The increase of the absentee owner surcharge paid by owners who do not permanently live in the country from 1.5 per cent to 2 per cent of land tax already paid and the abolition of the land tax exemption on vacant blocks next to a home owner’s principal place of residence are some of the changes the Victorian budget brings, to make up for the estimated shortfall in stamp duty revenue over the next 4 years
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