Australia’s tax system is very in-depth. To understand it fully, you must first have an idea about different types of taxes levied on the people. One of the most important taxes is land tax that every homeowner has to pay.  It is an annual amount payable to the government for ownership of land and in some regions on the usage as well. This also includes holiday house and rented out accommodation.

The land tax varies from state to state and is usually determined by the councils. The property is first assessed to determine the tax levied on it. It is charged on the unimproved value of the land. Unimproved value is actually the market value of the land without making any structural changes under the normal circumstances. However, the land at the town sites in Western Australia and in metropolitan region in Perth is evaluated including certain improvements like drainage and walls. In some states of Australia, the taxes are rebated on the basis of usage of land and these are mostly extended to the places of residence.

Your place of residence is exempted from the land tax for that financial year provided it is you who is staying there. If the property is on the name of number of individuals and not all of them are residing there, then only a proportionate rebate is offered. If you run a business from your residence, then the part of land you are using for business purposes is not exempted.  You are also eligible for this rebate if you have purchased a piece of land that you are planning to build as your residence. You get the concession even in cases of renovation of your place.

If on the taxing date, you are still in your old home but about to move into the new house, you can easily claim exemption by completing certain formalities. The land that is non urban and is used for production is also eligible for exemption. The exemption is also extended to charity organizations, religious places, nursing homes, old age homes. You can make you land tax payments by cheques, credit cards, or through internet and telephone banking. Be aware of the type of land you own and pay taxes accordingly

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The 1st home owners grant, also known as FHOG was introduced in July, 2000 by the Australian government to promote home ownership. And it became a huge success. It is a nationwide scheme supported by states in which a first time home owner could be entitled to $7000 if he satisfies the eligibility criteria.

This scheme has undergone many changes over the past 2 years. From Oct 2008 to Sept 2009, the 1st home owners grant was doubled and the first time buyers were now eligible for a $14000 grant and $21000 for new properties. And from Oct 2009 to December 2009, the grant was reduced to $ 10,500 and from January 2010, it is back to $7000. But the question that has become pertinent these days is, what happens when the FHOG scheme ends in June 2010?

As per experts and the administration, the grant is here to stay and benefit the first time home buyers but at the older rate of $7000. The first home owners grant will be the same for pre-occupied and newly constructed properties.   Since 1 January, 2010, there is an additional cap that has been put on this scheme by states. Every state has its own limit but on an average, the house purchase of less than $750,000 is only eligible for this grant. This limit is little relaxed for northern region.

Apart from this grant, most of the states have their own special bonus schemes to benefit first time buyers. There are special concessions offered on stamp duty and other first time taxes. You can avail both the bonus schemes and concessions if you satisfy the criteria. The stamp duty concessions vary from state to state. Australia is also seeing a surge of 1st home owners grant buyers that are old. About 55% of the first time buyers are more than age of 30. That’s why many states have special schemes for the elderly as well.

Australian property market has got a major boost due to the support and grants provided by the government. And 1st time home buyers are certainly the happiest of the lot.

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There are multiple listing property websites to advertise properties for sale, but you require specific detailed searches to zero in on a particular property. There are thousands of potential customers on the internet and all do not have the patience or interest to voyage through so many hurdles and find the one listing that works. Your property may be a shining star but by just relying on multiple listing sites, you lose greatly on the number of customers that can actually reach you.

Single listing property websites actually get you the attention that you deserve. Let’s have a look at some of the benefits of these sites and how they can help you flourish.
•    These sites help you stand out in the crowd by providing your potential buyers unlimited photos of the property, plans (housing and floor), guided virtual tours and so much more.
•    You can give the whole thing a personalized touch by buying the related domain name that helps buyers to relate and remember. With completely your listing on the site, they can get varied options right at one point under your brand.
•    There is a large population which do not resides in a state but tends to buy the property there. The internet serves as the best medium to reach out to people globally at very low cost and through single listing property website, the reach is even higher and dedicated.
•    Single listing sites also provide ample opportunity to your buyers to talk about you and spread the positive word about you. They can forward the information and important pages with ease to people all around.
•    It allows the possibility to customizing the entire site as per your needs and can use the best SEO techniques to put your best foot forward.

Property websites are a great way to get you noticed and single listing sites stand out further. You can do everything you want without the hassle of putting yourself through the grind. You can even use professional services for this purpose. Demonstrate your cutting edge marketing skills and win over many customers.

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