Land Tax and NSW Revenue Audits: Managing Risk and Avoiding Costly Mistakes Sydney CBD location
Bookings for our Sydney CBD seminar have reached capacity.
Land tax is often overlooked until an unexpected assessment or audit arrives. With Revenue NSW increasing its compliance and data-matching activities, property owners, investors, business owners and trustees are coming under greater scrutiny than ever before.
Whether you own investment properties, commercial premises, land through a trust or company, or are planning your next acquisition, understanding your land tax obligations is essential to avoiding costly mistakes and responding confidently if Revenue NSW comes knocking.
Join Coleman Greig tax specialists Stephen Lau, Principal Lawyer and Head of Tax & Superannuation, and Kate Sohn, Tax Lawyer, as they explore the key land tax issues affecting NSW property owners and provide practical guidance on navigating Revenue NSW reviews and audits.
What will be covered:
- How land tax applies to different ownership structures, including individuals, companies and trusts
- Common land tax exemptions and concessions, and the mistakes that frequently lead to reassessments
- Revenue NSW’s increasing audit and data-matching activities: what they’re looking for
- What to expect if you receive a land tax review or audit notice
- Your rights and obligations during a Revenue NSW audit
- Practical strategies to minimise land tax risk and ensure ongoing compliance
- Recent developments and emerging issues affecting NSW property owners
Attendees will also hear from Chris Tohme, Principal Lawyer and Head of Coleman Greig’s Property Services team, who will provide a practical property law perspective on two key land tax issues. Chris will discuss when landlords can recover land tax from tenants as part of lease outgoings, and when vendors may seek land tax adjustments on settlement under contracts for the sale of land.
Who should attend:
- Property investors
- Business owners and company directors
- Trustees and beneficiaries of family trusts
- Accountants and financial advisers
- Commercial property owners and developers
- Anyone responsible for managing property holdings or land tax obligations
Places are limited, so book early to avoid disappointment.