Pay NSW land tax
NSW land tax applies on aggregated unimproved land value above $1.075M general threshold (2026).
highcurrentannual
Who must comply
Owners of NSW land above thresholds.
What triggers it
Holding taxable land at 31 December.
When due
Annual; assessment with due date.
Evidence required
Notice of Assessment; PPR/exemption claim.
Max penalty
Penalty tax + interest
Summary
Land Tax Act 1956 (NSW). 2026 thresholds: $1.075M general; $6.571M premium. Rate 1.6% above threshold + flat $100. Foreign owner surcharge 5% (from the 2025 land tax year). PPR exemption applies. Trust thresholds and exemptions per Schedule.
Enforced by
Source legislation
Topics
taxland-taxstatensw
Related obligations
- NSWPay NSW transfer duty on residential property acquisitionsVariable transfer duty rates; foreign purchaser additional duty 9%.
- VICPay Victorian land tax (including absentee owner surcharge)VIC land tax applies on aggregated taxable value above $50K (general) / $25K (trust); absentee owner +4% surcharge.
- QLDPay Queensland land taxQLD land tax applies on aggregated land value above $600K (individuals) / $350K (companies + trusts).
- NSWPay NSW payroll tax when threshold metNSW: 5.45% rate on Australian wages above the $1.2M tax-free threshold (FY26).
- QLDPay Queensland payroll tax when threshold metQLD: 4.75% rate on Australian wages above the $1.3M tax-free threshold (FY26).
- VICPay Victorian payroll tax when threshold metVIC: 4.85% rate on Australian wages above the $1,000,000 tax-free threshold (from 1 July 2025).
Frequently asked questions
- Who must comply with NSW land tax?
- Owners of NSW land above thresholds.
- What triggers NSW land tax?
- Holding taxable land at 31 December.
- When is NSW land tax due?
- Annual; assessment with due date.
- What is the maximum penalty for NSW land tax?
- Penalty tax + interest
- What evidence is required for NSW land tax?
- Notice of Assessment; PPR/exemption claim.
Source: https://revenue.nsw.gov.au/taxes-duties-levies-royalties/land-tax. Rules Mate is not a law firm. Always verify against the live regulator source before acting.