Land Tax

Land held on Trust

Pursuant to Section 13 of the Land Tax Act 1936, where a property is owned by an individual or organisation on behalf of a Trust, the owner(s) (Trustees) can apply to have that property assessed separately from other land owned by the Trustee in another capacity.

Please note: In order to have property held on behalf of a Trust assessed separately for a particular year, notice of the Trust must be provided in writing to the Commissioner within that financial year.

To apply, please provide RevenueSA with:

1. A letter advising which property is owned on behalf of the Trust;
2. A photocopy of the fully executed deed for the Trust in its entirety (excerpts will not be accepted);
3. Photocopies of any Supplementary deeds or deeds of amendment if there has been a change of Trustee or Trust name since the original deed was implemented; and
4. Evidence to show that the property was acquired on behalf of the Trust. This evidence must be in the form of one of the below and must clearly list either the title reference or property address and the relevant Trust name.
   1. A photocopy of the Stamped Transfer document clearly stating that the transferee is as a trustee for the Trust.
   2. A photocopy of the Stamped document evidencing the transfer of the property to the Trust.
   3. A photocopy of the completed and Lodged Tax Return for the Trust showing the property as an asset of the Trust.

For further information, please contact RevenueSA.

This page was last updated 28 November, 2007