Accountants Tweed Heads locals trust

Most state taxes (stamp duty/transfer duty, land tax, payroll tax) apply based on where the asset is or where the activity occurs, not where you live. So your residential state matters less than the location of your business or property. Cross-border situations need careful mapping. We can help.

Each state has its own land tax thresholds and rates, transfer duty rates, and rules around main residence exemption. Owning property in both states means navigating both sets of rules. Specific considerations include whether you can claim the main residence exemption on both, how land tax thresholds apply, and timing of any sales.

GST is national, so cross-border doesn't matter for GST. State taxes (payroll tax, land tax) apply based on where the business activity occurs. Workers compensation insurance is state-based. Workers and contractors based in different states create specific obligations. We work through the implications.

Fringe Benefits Tax is federal so the rate is the same nationally. The administration depends on where the employee is based. Cross-border employee benefits (cars, accommodation, allowances) usually follow the employee's base location for FBT reporting.

The fundamentals are the same as elsewhere: choose the right structure, register for GST if needed, plan tax timing, separate personal and business finance, and use the small business CGT concessions if eligible at sale. Cross-border location adds some complexity around state taxes and workers compensation.

The location of business registration matters less than where the activity actually occurs. State payroll tax thresholds and rates differ between NSW and QLD. Specific industry licensing may also differ. We can help you assess the right structure for your situation, including whether incorporating in one state or the other creates any advantage.