Thursday, May 02, 2013

Vic levy revamp to save $100 million: govt | The Australian

Vic levy revamp to save $100 million: govt | The Australian:

 "Under the existing system the levy is added to building and contents insurance premiums, which attracts additional stamp duty and GST.

Under a property-based levy, the additional taxes won't be charged, the government says."

COMMENT:  GREAT news, no more tax on a tax on a tax.

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