Land tax threshold increased for 2009

The Valuer General has determined that the land tax threshold for 2009 is $368,000.

The Valuer General used the following indexed amounts to determine the average of indexed amounts for the 2009 tax year:

Tax Year Indexed Amount

2007

$356,000

2008

$369,000

2009

$380,000

 

Written by Emma Napoli, Associate