Automatic extension of the land tax payment due-date for properties in bushfire-affected areas
Released 8 February 2019
The Commissioner of State Revenue has applied an extension (to
Friday, 15 March 2019) for owners to pay their
2018-19 land tax assessment notices for property within areas identified as bushfire-affected. The extension applies to properties within the Huon Valley Council, Central Highlands Council, and West Coast Council areas.
Eligible property owners will be notified by post about the automatic extension.
For enquiries about the extension, please email email@example.com or phone (03) 6166 4400 weekdays 9:00am to 5:00pm.
Extension of two Duty Concessions and a Land Tax exemption to 30 June 2019Released 30 January 2019
The State Government has implemented the extension to 30 June 2019 of the following concessions and exemption:
Duty concession for first homebuyers of established homes - details in this updated fact sheet.
Duty concession for eligible pensioners who downsize their home - details in this updated fact sheet.
Land tax exemption for short-stay properties converted to long-term rental - details in this updated fact sheet.
New online form for Principal Residence Land classification
Released 13 July 2018
The State Revenue Office has released a new online form for property owners applying for Principal Residence Land classification.
Access the Principal Residence Land form by selecting the ‘Online Forms’ button on the homepage.
(Property owners who wish to apply only for partial Principal Residence Land classification should call the State Revenue Office: (03) 6166 4400).
Market Interest Rate for 2018-19
Released 29 June 2018
The market rate of interest for the 2018-19 financial year increases to 1.96 per cent.
The rate is based on the 90-day Bank Accepted Bill Rate published by the Reserve Bank of Australia in the May preceding the new financial year.
Interest is imposed to:
- compensate the Tasmanian Government for being denied the use of revenue; and
- promote equity among taxpayers by ensuring that those who meet their obligations are not disadvantaged compared with those who do not.
The Market Rate of Interest is discussed in the
Revenue Ruling on Interest and Penalty Tax for tax defaults, published by the Commissioner for State Revenue.
Land Tax Search fee and Duties Administration fee for 2018-19
Released 29 June 2018
From 1 July 2018, the fee for issuing a Land Tax Search certificate will increase from $11.62 to $11.85.
Go here for more information about Land Tax Search.
From 1 July 2018, the State Revenue Office Duties Administration fee for processing optional Duties Instruments will rise from $38.75 to $39.50.
The increases occur as at 1 July each year in line with the CPI adjustment factor provided for under
section 5 of the
Fee Units Act 1997.