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Most people who own land in Queensland do not need to pay land tax, and probably don’t know about the tax. But before you make a decision about property (for example, buying or selling), you should consider how that decision will affect the liability for land tax.
Land tax is based on the total value of freehold land that a landowner owns in Queensland at midnight on 30 June each year. The Office of State Revenue (OSR) will contact them when they become liable.
OSR recognises the value in working with you to reach Queensland landowners. OSR will support you to provide informed instructions to your clients about their land tax obligations and entitlements.
All the information you need can be found at www.qld.gov.au/landtax.
OSR can send news about land tax that would be most relevant to you. So they can direct their email updates (and not send you information you don’t want), complete a land tax profile.