The 2019-20 South Australian State Budget proposed changes to the land tax aggregation - that is, the way land tax is calculated where a person or entity owns multiple properties. The Briefing Note explains the changes which essentially close a loophole used to avoid paying land tax. The changes will contribute an estimated $40m per year to state revenue to pay for vital services.
Download: Briefing Note - Proposed Changes to Land Tax Aggregation
Published Date:
Tuesday, 9 July 2019