Land Tax Management Act 1956
62PTax threshold
Start here
Get a plain-English read of 62P
Turn the raw legal text into a practical explanation grounded in Land Tax Management Act 1956.
62P Tax threshold
62P Tax threshold
The tax threshold for the following land tax years is as follows—
(a) 2006—$352,000,
(b) 2007—$352,000,
(c) 2008—$359,000,
(d) 2009—$368,000,
(e) 2010—$376,000,
(f) 2011—$387,000,
(g) 2012—$396,000,
(h) 2013—$406,000,
(i) 2014—$412,000,
(j) 2015—$432,000,
(k) 2016—$482,000,
(l) 2017—$549,000,
(m) 2018—$629,000,
(n) 2019—$692,000,
(o) 2020—$734,000,
(p) 2021—$755,000,
(q) 2022—$822,000,
(r) 2023—$969,000,
(s) for a land tax year after the 2023 land tax year—$1,075,000.
s 62P: Ins 1992 No 84, Sch 1 (19). Rep 2000 No 106, Sch 3 [8]. Ins 2023 No 26, Sch 3[1]. Am 2024 No 38, Sch 4[2] [3].