Thursday, 18 May 2017
MEMBER for Northern Tablelands Adam Marshall is urging locals to join an upcoming event that could save farmers and business owners thousands on their tax bill.
Government charges supplement the taxes we pay, with every dollar going towards essential infrastructure like schools, roads, and police. On the other hand, grants help foster innovation and reward businesses and individuals that are going above and beyond.
However, the world of government accounting can be sometimes difficult to understand – with many charges and grants that most taxpayers will never encounter.
The Office of State Revenue & NSW Treasury are starting a roadshow across the state, clearing the sometimes murky waters of state funds and funding. The open meetings will be particularly useful for businesses, farmers and accountants, but are open to all interested.
“From time to time, we must all pay taxes and fees to government – but there’s no sense in paying more than you fairly owe,” Mr Marshall said.
“These meetings will help people better understand the fees, charges and grants that treasury offers, with discussions that will ensure you’re making the most of exemptions and the generous grants that NSW offers.
“Farmers in particular can benefit from land tax exemptions that could save them hundreds, if not thousands of dollars a year.”
Topics covered include: Land tax, and the associated primary production exemption; duties, and how to transfer between family members; foreign surcharges on duty and land tax; small business grants; jobs action plan rebate; and the Fire and Emergency Service Levy.
Dates for the Northern Tablelands:
- Moree Services Club – 9.30 to 11.30am on Tuesday, 23 May; and
- Armidale Ex-Services Memorial Club – 9.30 to 11.30am on Tuesday, 6 June.
For further information about the free roadshow sessions and to register, visit OSR’s website at www.apps08.osr.nsw.gov.au/erevenue/sem/