Revenue Nsw Land Tax Online

In general your principal place of residence your home or land used for primary production a farm is exempt from land tax.

Revenue nsw land tax online. If you do not have a client id or a correspondence id please contact us during business hours. 100 750 000 629 000 x 1 6 100 121 000 x 1 6 100 1 936 2 036. 1 april 2020 and 30 september 2020 and or 1 october 2020 and 31. 100 plus 1 6 per cent of land value above the threshold up to the premium threshold.

What is land tax. If you do not have a client id or a correspondence id please contact us during business hours. Relief is available to landlords. You may be liable for land tax if you own or part own.

In 2021 those real estate owners will be paying a 1 6 per cent tax for every dollar over 755 000 the property is. The thresholds for land values change each year and is applied as follows. 2020 land tax thresholds. The services are expected to be available at 11 00am on sunday 22 november.

Whose tenants can prove financial distress due to covid 19 and who have reduced their tenants rent for any period between. Your client id and correspondence id can be found on any recent revenue nsw correspondence. The 2020 land tax covid 19 relief will be made available via application through service nsw. For more information about the proposed changes visit the nsw treasury website.

Land tax covid 19 relief. Land tax on premium. Revenue nsw has announced the land tax thresholds for 2020 are as follows. Some online services will be unavailable this weekend.

If you re a commercial or residential landlord who has reduced your tenants rent due to covid 19 you may be eligible for the nsw government s land tax relief. So in the same scenario above the amount of land tax you d need to pay would be. Calculating how much land tax you have to pay. In nsw land tax is calculated at a standard rate of 100 plus 1 6 of land value over the threshold.

The duties emergency services levy land tax parking space levy payroll tax point of consumption tax and unclaimed money online services are undergoing scheduled maintenance and are currently unavailable. Land tax is calculated on the total value of all your taxable land above the land tax threshold. We apologise for any inconvenience. Generally speaking your principal place of residence is exempt.

Land tax is a tax levied on the owners of land in nsw as of midnight on 31 december of each year. Vacant land including vacant rural land land where a house residential unit or flat has been built a holiday home. Your client id and correspondence id can be found on any recent revenue nsw correspondence.