Land Tax Australian Capital Territory

Land tax applicable in the ACT in general only applies to residential properties that are rented. Notification of rental status is required to be notified within 30 days.

Residential properties owned by companies and trusts are also subject to land tax, even if not rented.

Taxing dates

Land tax is assessed quarterly, based on the property’s status on each of 1 July, 1 October, 1 January and 1 April. Quarterly payment dates are staggered over 3 sectors, based on the location of the property.

Corporate entities and trusts

Residential properties owned by companies and trusts are subject to land tax.

However, exemption from land tax on residential land owned by a building or land development corporation can apply for two years from the first quarter after the date of ownership if constructing new residential premises that are to be sold when finished.

Exemptions and concessions

Commercial properties have not been subject to land tax since 1 July 2012.

Other exemptions include

  • land used for a retirement village, nursing home, or religious institution
  • rural land
  • land owned by a not-for-profit housing corporation
  • a property with a guardian or manager, or that a trustee or guardian owns for a person with a legal disability
  • residential land owned by a building or land development corporation for up to two years from the first quarter after the date of ownership if constructing new residential premises that are to be sold when finished (subject to application)
  •  a property rented by a temporarily absent natural person owner can apply in writing to ACT Revenue for a land tax exemption for ‘compelling compassionate reasons’.

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Land tax rates

[Update 5 June 2017] The ACT Budget 2017-18 announced that from 1 July 2018 land tax will be extended to all residential dwellings that are not the owner’s principal place of residence. Currently land tax only applies to residential properties that are rented or owned by a company or a trust.

Each land tax assessment is based on the Average Unimproved Value based on the current and previous two year’s unimproved land values.

Each land tax assessment is made up of an annual fixed charge plus a percentage of the Average Unimproved Value, the total apportioned over the number of days in the billing quarter.

Fixed charge 2018-19: $1,203

Fixed charge 2017-18: $1,145

ACT land tax rates
AUV FromTo Rates
$0$150,0000.5 % of the value
$150,001$275,0000.6 % of the excess over $150,000
$275,001$2,000,0001.08 % of the excess over $275,000
$2,000,000 and above1.1 % of the excess over $2,000,000

Objections

An objection to a land tax assessment can be lodged within 60 days from the date of notice, or such later time allowed by the Commissioner.

An objection to a property valuation (unimproved value) must proceed as an objection to the rates assessment first, with any resulting valuation adjustment subsequently being reflected in an amended land tax assessment. For rates assessment objection information see Rates – Objecting to a decision,

More detailed information

ACT Revenue Office

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This page was last modified on 21 Aug 2017