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Legislative Council - Fifty-Fourth Parliament, Second Session (54-2)
2021-02-17 Daily Xml
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Land Tax

The Hon. F. PANGALLO (15:08): Supplementary: Treasurer, when can these clients expect to make a haircut appointment with RevenueSA?

The Hon. R.I. LUCAS (Treasurer) (15:08): As the honourable member is aware, 92 per cent of them are going to get a wonderful surprise because they will be paying less land tax in terms of individuals and 75 per cent of companies will get a wonderful surprise. So they certainly won't be looking at it in the context of it being a haircut. They will be delighted at the arrangement that RevenueSA arrives at.

I must say that in discussions with some of my parliamentary colleagues who are active in the debate, they have indicated to me that many people came to them prior to the debate complaining about what they believed they had been advised about the significant increase in land tax. Some of those members of parliament have been able to advise those people, 'Well, what's your view now?' In many cases, not all the cases but in many cases, they have been pleasantly surprised. They are actually paying less land tax under the new arrangements than under the previous tax arrangements.

The answer to the question, as I said in my response to the first question, is that I am not in a position to give a definitive date. When I put the question to RevenueSA a couple of weeks ago they said they were processing them as quickly as they could, but the more complicated ones were going to take some time.

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