Land Tax

419 The Hon. H.M. GIROLAMO ().27 November 2024). Can the Treasurer advise:

1. How many land tax bills are currently overdue?

2. What is the total value of overdue land tax bills, broken down in a table format by cohorts: individuals in their personal capacity, tenants in common, joint tenants, fixed trusts, companies (not as trustee), and discretionary trusts?

3. What is the total value of late fees for overdue land tax bills, broken down in a table format by cohorts: individuals in their personal capacity, tenants in common, joint tenants, fixed trusts, companies (not as trustee), and discretionary trusts?

4. When were property valuations from the Valuer-General provided to RevenueSA for FY2022-23, 2023-24, and 2024-25.

5. What is the average wait time for the issuing of land tax bills from date of received Valuer-General property valuations. Please provide for FY2022-23, 2023-24 and 2024-25 year to date.

6. How many land tax bill recipients have requested extensions to their instalment due dates for FY2024-25 year to date, or sought other forms of financial relief/assistance, broken down in a table format by cohorts: individuals in their personal capacity, tenants in common, joint tenants, fixed trusts, companies (not as trustee), and discretionary trusts?

The Hon. K.J. MAHER (Minister for Aboriginal Affairs, Attorney-General, Minister for Industrial Relations and Public Sector, Special Minister of State): The Treasurer has advised:

1. The land tax changes under the previous Liberal government have caused significant increases in land tax bills for many property owners, and significant challenges in land tax billing for RevenueSA. As at 15 January 2025, 2,430 land tax customers had overdue accounts.

2. RevenueSA does not have a reporting mechanism to break down overdue accounts into the cohorts requested.

However, as at 15 January 2025, the value of land tax accounts considered overdue is $18.8 million.

3. RevenueSA does not have a reporting mechanism to provide this information.

4. RevenueSA receives valuation updates throughout the year however, as they are effective for the following financial year, these are stored during the year and loaded into RevenueSA's taxation system during RevenueSA's start of year process which generally occurs from 29 June until 2 July.

5. As detailed above, property valuations are generally loaded between 29 June and 2 July. Land tax billing dates for the requested financial years were:

6. RevenueSA is unable to break this down into the individual cohorts requested. However, as at 15 January 2025, 146 customers have requested payment assistance for FY2024/25 via RevenueSA's online form. Customers are also able to request payment assistance from RevenueSA via other service channels however, these interactions are not reportable.