Land tax
New land tax online services available. You can update your details and view a copy of your latest assessment notice.
2008 land tax rates and threshold.
2009 land tax threshold
The Valuer General has determined that the land tax threshold for 2009 is $368,000.
The Valuer General used the following indexed amounts to determine the average of indexed amounts for the 2009 tax year:
| Tax Year | Indexed Amount |
|---|---|
2007 | $356,000 |
2008 | $369,000 |
2009 | $380,000 |
Average | $368,000 |
What is land tax?
Land tax is a tax levied on the owners of land in NSW as at midnight on 31 December of each year. In general, your principal place of residence (your home) or land used for primary production (a farm) is exempt from land tax. You may be liable for land tax if you own or part-own:
vacant land, including vacant rural land
a holiday home
investment properties
company title units, or
residential, commercial or industrial units.