NSW first home buyers (FHBs) will have the option to exchange stamp duty for an ongoing property tax (First Home Buyer Choice) from the 16th of January 2023.
Under the new First Home Buyer Choice, you can choose to instead pay an annual tax of $400 plus 0.3% of the land value (not the purchase price).
Your full financial situation will need to be reviewed prior to acceptance of any offer or product.
MBM Mortgage Pty Ltd trading as Maverick Finance | ABN 28 149 301 084 | Credit Representative 403019 is authorised under Credit License 389328
This website provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you
consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not
constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.
