Relief on your land tax

This video is intended as a guide only.

We recommend you seek independent advice on state revenue matters and how they impact you and your circumstances.

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Transitional relief will be available for taxpayers whose land tax is higher due to the new method of aggregation.

In a nutshell, aggregation means ‘grouped together’. Aggregation for land tax means land is grouped together according to who owns or part-owns the land.

You can only apply for relief if your land tax is higher because of the changes to aggregation.

The relief doesn’t apply if your increase is because of

the higher trust land tax rates

or because you’ve been nominated as a beneficiary or unitholder of land held on trust

or an increase in your site value

or because you’ve acquired other land

or because an exemption from land tax has ended.

The relief only applies on property you owned at 16 October 2019.

If you sell property, the relief only applies to those properties you still have in the current financial year which you owned at 16 October 2019.

The relief doesn’t apply on properties you’ve bought or acquired after 16 October 2019.

To be eligible for relief your tax increase needs to be between $2,500 and $102,500 higher than it would have been using the 2019-20 land tax rates and aggregation method.

No relief is payable on the first $2,500 of your land tax assessment increase.

After you have applied for relief, if you are eligible, the amount of relief you receive will be taken off the amount you owe in land tax.

If you have outstanding land tax from previous years, you must be in a payment arrangement with RevenueSA to be eligible and any relief you receive will offset your outstanding debt before any refund is issued.

The maximum relief in the 2020-21 financial year is up to 100% of your increase to a maximum of $100,000.

If your increase is above the maximum of $102,500, you are not eligible for any land tax relief.

The maximum relief available is scheduled to change in the 2021-22 and 2022-23 financial years.

Your increase still needs to be between $2,500 and $102,500 to claim for relief in those years.

In 2021-22 the relief is 70% of your land tax increase to a maximum of $30,000.

In 2022-23 the relief is 15% of your land tax increase to a maximum of $15,000.

See our website for examples of different scenarios.

Applying for the relief is quick and easy via RevenueSA Online.

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More information can be found at www.revenuesa.sa.gov.au/landtax