Land Tax

In reply to the Hon. S.C. MULLIGHAN (Lee) (25 November 2020). (Estimates Committee B)

The Hon. R.I. LUCAS (Treasurer): I have been advised the following:

It was estimated that as a result the government's land tax reform package 92 per cent of, or 47,800, individuals will pay less land tax and 8 per cent of, or 4,300, individuals will pay more land tax.

It was also estimated that 75 per cent of, or 7,900, company groups will pay less land tax and 25 per cent of, or 2,600, company groups will pay more land tax.

The final number of taxpayers that pay lower land tax overall will not be known until billing for the 2020-21 land tax year is complete.