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FTA-TV First Dates - Part 7

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Holiday house in Sorrento 120k land tax
If they don't have more than 1 property, then it means the property is worth over $3,000,000.

Thanks for reminding me because we have to ring the revenue office today. They screwed up mum's Land Tax assessments after dad passed away, and we are waiting for new ones which they haven't sent yet. They are due the end of the month.
 

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If they don't have more than 1 property, then it means the property is worth over $3,000,000.
Actually I stuffed the calculation up.
If the taxable value of the property is $3,000,000 or over, then it's $31,650, plus 2.65% of amount over $3,000,000. (I was doing 2.65% for the whole amount)

So either the person owns more than 1 property, or the Sorento property must be over $6,000,000.
 
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