NSW Land Tax 2022-23 changes…

The 2023 land tax thresholds are $969,000 (general) and $5,925,000 (premium).

The surcharge land tax payable on residential land owned by foreign persons increases from 2% to 4% of the taxable value of the residential land owned at midnight on 31 December 2022.

The discount for early payment of land tax reduces from 1.5% to 0.5%.

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