General Q&A: 26/08/2026

00:15:34 : Hi, you may have had this question previously, however we own our family home in our private unregistered trust. Here in Victoria, they have charged us land tax on the following basis after questioning….’’the property is still liable for land tax, but at a general rate instead of surcharge rate. The nomination of a PPR (Principal Place of Residence) beneficiary grants a concession rather than an exemption. The concession operates to disaggregate the PPR land from any other lands held by the Trust and to assess it at the general rate of land tax. If the property was in your joint ownership or individual ownership, a PPR will grant the property 100% exempt, but due to being held by the trust it is still liable’’
Is there a way around this? Thanks Maria