Kyle and Jackie O star Lachlan Mansell revealed on Tuesday he is ‘fired up’ over the 2024 Land Tax increase brought in by the Victorian Labor government.
The Beauty and the Geek star, 35, who currently works alongside radio shock jocks Kyle Sandilands and Jackie ‘O’ Henderson, took to Instagram to voice his rage.
He shared a bill with his followers, which revealed the property investor has been charged $1,956 in Land Tax, and said he was ‘really p**sed off’ about it.
‘Just got my Land Tax bill for my two investment properties here in Victoria. Almost $2,000 and about $1,300 more than it was last year,’ he ranted.
‘I don’t normally get on my social media channels and talk about politics stuff, but I am really p**sed off about this.’
Kyle and Jackie O star Lachlan Mansell, 35, revealed on Tuesday he is ‘fired up’ over the 2024 Land Tax increase brought in by the Victorian Labor government
He continued: ‘The reason it’s gone up so much is because the Victorian government have decided that it’s us property investors who have to pay their COVID levy.’
Lachy added: ‘The thing that frustrates me most about this is the government has made the assumption that all the property investors must be rich.’
The former reality star went on to confess he bought his first investment property 10 years ago in Ballarat when he was ‘on a salary of $50,000’ a year.
Posting his fiery rant online, the radio producer wrote in his caption that the Land Tax will also ‘hurt renters’ because property investors will put their rent up.
The Beauty and the Geek star who currently works alongside radio shock jocks Kyle Sandilands, 53, (left) and Jackie ‘O’ Henderson, 49, (right) took to Instagram to voice his rage
‘I don’t normally post political content on my socials, but as someone who’s both a tenant and a landlord, the Victorian land tax COVID levy has FIRED ME UP.’ he said.
The post divided followers as they flocked to the comments, with some slamming Lachy for his ‘out of touch’ views while others backed him up.
‘Won’t someone think of the poor landlords,’ one person wrote, while another said: ‘”One or two properties,” LOL hilariously detached.’
Lachy shared a bill with his followers, which revealed the property investor has been charged $1,956 in Land Tax, and said he was ‘really p**sed off’ about it
A third added: ‘Won’t you get it back with all of your tax breaks? Think yourself lucky and move on.’
Other users agreed with Lachy: ‘Everyone assumes landlords are rich. When we are just trying to set ourselves up for the future so we don’t need the pension.’
‘What can I say Lachy it’s an upside down world. Glad that you are speaking up against this, well done,’ someone else wrote.
The post divided followers as they flocked to the comments, with some slamming Lachy for his ‘out of touch’ views while others backed him up
‘This is only going to add to the rental problems as landlords are forced to increase their rents or sell up,’ yet another agreed.
The new Victorian Land Tax increases went into effect on January 1 with the highest land tax rate, for land valued above $3million, increased from 2.55% to 2.65%.
In an effort to pay down the Labor government’s COVID debt, the tax hike will last for the next 10 years.
The average investment property, with a land valuation of $650,000, will cost an extra $1,300 in Land Tax, with owner occupiers exempt from the temporary levy.