The ACT Revenue Office has released the following updates:
- Land tax 2014-15 – new marginal rates for residential land tax;
- Interest rates for 1 July 2014 to 31 December 2014;
- Changes to the Land Rent Scheme for land rent leases entered into on or after 1 October 2013;
- Rates and Fire and Emergency Services Levy – changes for 2014-15;
- First Home Owner Grant (FHOG) form has been updated for use from 1 July 2014;
- Home Buyer Concession – property value thresholds have increased from 1 July 2014; and
- Mortgage relief property threshold has increased to $540,000 from $535,000 from 1 July 2014.
[LTN 124, 1/7/14]