Land tax on land in the state of S.A.
Update 18 June 2019
The SA State Budget 2019-20 State Budget contained the following measures:
- improved land tax aggregation provisions and a surcharge on certain trusts; and
- reduction of the top land tax rate for the value of ownerships above $5 million to be progressively reduced by 0.1% each year from 3.7% in 2019-20 to 2.9% from 1 July 2027
See further: State Budget Updates
Update 4 September 2018
The SA State Budget 2018-19 contained the following land tax measures to take effect from 1 July 2020:
- increase of tax free threshold to $450,000 (from $369,000)
- tax rate at the top land tax threshold from the current $1.2 million up to $5 million to be reduced to 2.9% (from 3.7%)
Update 22 June 2017: A Budget 2017-18 announcement proposes a land tax exemption for 5 years for investors who who enter into off-the-plan apartments contracts between 22 June 2017 and 30 June 2018. See further: Off the plan apartments
Taxing date
Midnight, 30 June annually.
Exemptions and concessions
There are land tax exemptions based on the status of the owner and/or the type of use, including:
- land used as the owner’s principal place of residence, with a partial exemption where there’s more than 25% (by floor area) of commercial usage
- non-metropolitan land area of at least 0.8 hectare of used for primary production purposes
- religious, charities and other kinds of non-profit organisations
- see more detailed exemptions listings here
Current and previous years’ rates and thresholds are published here.
Land tax rates
Tax rates are applied to the aggregated taxable land values of an owner or group of owners, including trusts with common beneficiaries. There are provisions for minor interests in land which would otherwise have the effect of lowering the land tax, to be disregarded. The tax is based on “site value” of the land, as determined by the State Valuation Office.
See further: Land tax calculator
Objections
Objections lodged up to 60 days (extendable with permission to 12 months) from the Notice of Land Tax Assessment.
More detailed information
- RevenueSA – land tax
- Legislation Guide
- Land Held on Trust – Revenue Ruling LT004
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This page was last modified 2019-06-19
