The legislative history at the back of the Act provides detail about the past and future operation of the Act.. In particular: the top rate of land tax will be reduced from 3.7% (highest rate in Australia) to 2.4%. the thresholds at which the marginal rates apply have been significantly increased, and new reduced rates introduced; with the Government claiming 90% of taxpayers—including “mum and dads” who have invested in SA real estate for their.
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Land tax is an annual tax that land owners pay to state and territory governments. If your business owns property then it’s likely you’ll need to pay land tax on it. It applies everywhere except for the Northern Territory. The laws between states are comparable, but they do vary.. Land Tax Rates and Thresholds General Rates. 2023-24 General Rates Total Taxable Site Value. Amount of Tax.. You can reach us during business hours: 8:30am – 5:00pm (South Australian time), Monday to Friday (excluding public holidays). Do you want to provide feedback or lodge a complaint? You can do so via our feedback and complaints page.