Success in waiving $130k land tax surcharge

Background：Client‘s business received a whopping $130k land tax bill including Absentee Owner Surcharge from SRO for a piece of land that the client’s business held. The client, Ms G wasn't certain if she should pay the bill so she contacted Wise Choice Partners to discuss her options.

How we went: After consulting with Ms G and reviewing the actual case, we discovered that the business had a solid development plan instead of holding the land itself as an investment. In our opinion, it was highly possible to file for Absentee owner Surcharge exemption and we were right. Our team organised and prepared numerous documents and presented them to the SRO. After several terms of negotiation with the SRO, we successfully had all charges waived. Ms G and the other business shareholders investors were overjoyed by the result. Our support and the success not only helped with the business cash flow, but also re-assuring for the business to keep investing in Australia confidently.