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Publications

24/2/22 24/2/22

A Guide To Understanding Land Tax: Part 1 Overview of Land Tax

What is land tax

Land tax is a state and territory tax. It is an annual tax that is levied by the state authorities of each state and territory based on the total taxable value of land held in the particular jurisdiction.

Sladen Legal 30/1/22 Sladen Legal 30/1/22

A Guide To Understanding Land Tax: Part 2 Land held on Trust

What is land tax

9/12/21 9/12/21

A Guide to Understanding Land Tax: Part 3 – Foreign (Absentee Owner) surcharge and the vacant residential land tax surcharge

As discussed in Part 1 and Part 2 of this series, land tax is a state and territory tax levied on the total taxable value of land held by taxpayers in particular jurisdictions. In the case of foreign owners who are deemed to be absent from their properties, additional land tax may be levied on the taxable value of such properties. In Victoria, the foreign person land tax surcharge is known as the absentee owner surcharge regime.

1/12/21 1/12/21

A Guide To Understanding Land Tax: Part 4 Aggregation, Grouping and “Degrouping”

As discussed in Part 1 and Part 2 of this series, land tax is levied on the total taxable value of land held by a taxpayer in a particular jurisdiction. Land tax is then levied on a progressive graduated scale. That is, the higher the value of land that you own the higher the rate of land tax you pay.

28/11/21 28/11/21

A Guide to Understanding Land Tax: Part 5 Valuations

As discussed in this Land Tax Series, land tax is a state and territory tax levied on the total taxable value of land held by taxpayers in particular jurisdictions. Land tax is assessed on a calendar year basis on the land you own at midnight on 31 December.

20/10/21 20/10/21

A guide to understanding Land Tax Part 6: Principal place of residence exemption

In this Part 6 in our series of articles on land tax we examine the principal place of residence (PPR) exemption and the requirements to satisfy the exemption under the Land Tax Act 2005 (Vic) (LTA).

10/9/21 10/9/21

A Guide to Understanding Land Tax: Part 7 - Primary Production Exemption

This is part 7 of our Land Tax Series which aims to deconstruct the various aspects of the complex land tax legislation.

1/9/21 1/9/21

A guide to understanding Land Tax Part 8: Charities, sporting clubs, not for profits and other exemptions

In this Part 8 in our series of articles on land tax we examine the charities exemption as well as some other exemptions under the Land Tax Act 2005 (Vic) (LTA).

31/8/21 31/8/21

A Guide to Understanding Land Tax: Part 9 – Objections

To recap: land tax is a state and territory tax levied on the total taxable value of land held by taxpayers in particular jurisdictions. Land tax is assessed on a calendar year basis on the land you own at midnight on 31 December.