Concessions for mixed-use properties
Land partly used for commercial purposes (where the commercial use includes use of buildings)
What is this concession?
If you use your land as your principal place of residence and to conduct business activities, you may be eligible for a reduction in land tax for the proportion of the land used as your principal place of residence. Land tax will only be payable on the proportion used for business.
Note: If you use one room of your home for business purposes, you may not be liable for land tax provided the business is primarily conducted elsewhere. View land used for incidental business purposes for more information.
Eligibility
You can claim the reduction if part of your home meets the principal place of residence eligibility requirements.
Calculating the reduction
The proportion of the land used as your principal place of residence is exempted from land tax. This proportion is calculated in the following way:
if a mixed development apportionment factor is entered on the Land Value Register maintained by the Valuer-General in respect of that land value, this will be used to calculate the reduced land value
if there is no apportionment factor then the proportion you specify in your application for a reduction as a 'fair and reasonable' proportion of land value will be used
if the Chief Commissioner is not satisfied with the proportion specified as 'fair and reasonable', he can also request the Valuer-General to provide a reduced taxable land value
The Valuer-General will determine the apportionment factor based on the rental value of the buildings or parts of the buildings used as your principal place of residence compared to the rental value of the whole of the land.
Land partly used for commercial purposes (where commercial use does not include buildings)
What is this concession?
If you use your land as your principal place of residence and for non-residential purposes, (eg. as a retail plant nursery business, a horse stud or tennis court hire), you may be eligible for a reduction in land tax for the proportion used as your residence.
Eligibility
To be eligible for the concession:
there must be no buildings or parts of buildings on your land which are separately used and occupied for non-residential use
the owner is not a company or a company with another person
the owner is not merely a trustee.
Calculating the reduction
The proportion of the land used as your principal place of residence is exempted from land tax. This proportion is calculated in the following way:
if a mixed use apportionment factor is entered on the Land Value Register maintained by the Valuer-General in respect of that land value, this will be used to calculate the reduced land value
if there is no apportionment factor then the proportion you specify in your application for a reduction as a 'fair and reasonable' proportion of land value will be used
if the Chief Commissioner is not satisfied with the proportion specified as 'fair and reasonable', he can also request the Valuer-General to provide a reduced land value
The Valuer-General will determine the apportionment factor based on the rental value of the buildings used as your principal residence compared to the rental value of the whole of the land.
