{"id":170,"date":"2023-08-16T23:00:05","date_gmt":"2023-08-16T23:00:05","guid":{"rendered":"https:\/\/stagingserver3.com\/naomi\/?p=170"},"modified":"2023-08-16T23:00:05","modified_gmt":"2023-08-16T23:00:05","slug":"land-tax","status":"publish","type":"post","link":"https:\/\/stagingserver3.com\/naomi\/land-tax\/","title":{"rendered":"Land Tax"},"content":{"rendered":"<h3>There is a lot of misinformation and confusion about the Land Tax.<\/h3>\n<p>This is copied from a letter sent by Rob Lucas, Treasurer, on the 16th of December 2019 which hopefully highlights a few points for clarification purposes.<\/p>\n<h4>\n<span style=\"color: #85ba2f;\"><strong>Land Tax (Miscellaneous) Amendment Act 2019<\/strong><\/span><\/h4>\n<p>The Act includes a package of reforms developed by the State Government to make our land tax system more competitive. A more competitive land tax system will help build our economy, create more jobs and encourage greater investment in South Australia.<\/p>\n<p><strong>Key Points:<\/strong><\/p>\n<ul>\n<li>92% of individuals and 75% of company groups will pay less land tax.<\/li>\n<li>\u00a0Land tax is based on site value of the land, which does not include buildings or other improvements to the land.<\/li>\n<li>A person\u2019s principal place of residence and land that is used for primary production is not subject to land tax.<\/li>\n<\/ul>\n<p>If the total site value of all the taxable land you own is below the tax-free threshold ($450,000 in 2020-21) you will not be impacted by the new rules.<\/p>\n<p>More information can be found by calling RevenueSA\u00a0<a href=\"tel:82263750\"><strong>8226 3750<\/strong><\/a>\u00a0or emailing\u00a0<strong><a href=\"mailto:landtax@sa.gov.au\">landtax@sa.gov.au<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>There is a lot of misinformation and confusion about the Land Tax. This is copied from a letter sent by Rob Lucas, Treasurer, on the 16th of December 2019 which&#8230;<\/p>\n","protected":false},"author":1,"featured_media":171,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-170","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-uncategorized"},"_links":{"self":[{"href":"https:\/\/stagingserver3.com\/naomi\/wp-json\/wp\/v2\/posts\/170","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stagingserver3.com\/naomi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stagingserver3.com\/naomi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stagingserver3.com\/naomi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stagingserver3.com\/naomi\/wp-json\/wp\/v2\/comments?post=170"}],"version-history":[{"count":1,"href":"https:\/\/stagingserver3.com\/naomi\/wp-json\/wp\/v2\/posts\/170\/revisions"}],"predecessor-version":[{"id":172,"href":"https:\/\/stagingserver3.com\/naomi\/wp-json\/wp\/v2\/posts\/170\/revisions\/172"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stagingserver3.com\/naomi\/wp-json\/wp\/v2\/media\/171"}],"wp:attachment":[{"href":"https:\/\/stagingserver3.com\/naomi\/wp-json\/wp\/v2\/media?parent=170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stagingserver3.com\/naomi\/wp-json\/wp\/v2\/categories?post=170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stagingserver3.com\/naomi\/wp-json\/wp\/v2\/tags?post=170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}