Property Rental Status Notification for Land Tax Purposes

The owner of a parcel of residential land is required to notify the Commissioner for ACT Revenue in writing, within 30 days, if the property continues to be rented on the change of ownership or subsequently becomes rented at any time. An agent may be required to fulfil any undischarged obligation of a tax payer.

Land tax liability is assessed on a quarterly basis according to whether or not a residential parcel of land or dwelling is rented on the first day of a quarter: 1 July, 1 October, 1 January or 1 April. Generally, a property which has been rented but is temporarily vacant on the first day of a quarter will continue to be liable unless firstly, the vacancy continues for the whole quarter and secondly, the owner notifies the Commissioner for ACT Revenue in writing that the property has not been and will not be rented at any time in that quarter.

For more information visit the ACT Revenue Office website.