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December 2015NewsletterNew property tax rules
New legislation affects property sales made from 1
October onwards. The changes hit in a variety of ways. Bright line test and residential land
New tax
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What is new property tax rules?
New property tax rules refer to the updated regulations put in place by the government regarding how property taxes are calculated and paid.
Who is required to file new property tax rules?
Property owners are required to file new property tax rules.
How to fill out new property tax rules?
New property tax rules can be filled out online through the government's website or by submitting a paper form to the tax department.
What is the purpose of new property tax rules?
The purpose of new property tax rules is to ensure that property owners are paying the correct amount of taxes based on the current value of their property.
What information must be reported on new property tax rules?
Property owners must report the current value of their property, any improvements made to the property, and any exemptions they may be eligible for.
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