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Land Tax Surcharge

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If you are a foreign person who owns residential land in NSW, you must pay a surcharge of 0.75 per cent from the 2017 land tax year onwards. The surcharge land tax (surcharge) was introduced in the 2016 NSW Budget.

You are required to pay the surcharge on the taxable value of all residential land that you own as at 31 December each year including your principal place of residence.

The surcharge is in addition to any land tax you may already pay. You may be required to pay the surcharge even if you do not pay land tax.

You may be a foreign person if you are not an Australian citizen.

A foreign person can be:

  • an individual

  • a corporation

  • a trustee of a trust

  • a beneficiary of a land tax fixed trust

  • a government

  • a government investor

  • a partner in a limited partnership.

The surcharge is assessed in relation to each parcel of land, and is proportional to ownership. There are no joint assessments and secondary deductions do not apply. There is no tax-free threshold applicable to the surcharge.

What you need to do

If you are a foreign person and:

  • already pay land tax, please use your Client ID and correspondence ID to update your foreign status and residential land details

  • have not previously paid land tax, please call us on 1300 139 816 and we will arrange your login details over the phone so that you can inform us of your foreign status and residential land details.

From March 2017, we will calculate land tax surcharge and issue assessment notices for you to pay. Surcharge will be included as part of your land tax assessments after this date.

You can find examples of surcharge calculations and definitions for important terms below.

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