In all, there were no big surprises for the general housing in last weeks Federal Budget! However they snuck one in called a 'Vacant Land Tax'. Those people who own vacant land for investment purposes can no longer claim a tax deduction for expences incurred in holding that land until there is a house built and is ready to be occupied. So now could be the time to build on your vacant block! View more videos and our latest listings - brendanhoman.com.au

Be the first to comment