Pay Queensland land tax
QLD land tax applies on aggregated land value above $600K (individuals) / $350K (companies + trusts).
Who must comply
Individuals, companies (including clubs, associations and societies), trustees of trusts and superannuation funds, and absentees who own freehold land in Queensland whose total taxable value at 30 June is at or above the threshold for their owner type. A trustee of a special disability trust is assessed as an individual.
What triggers it
Owning freehold land in Queensland at midnight on 30 June with a total taxable value of $600,000 or more (individuals) or $350,000 or more (companies, trustees and absentees), after exemptions such as the home exemption.
When due
Annually, by the due date shown on the land tax assessment notice issued by QRO for the financial year. Interest accrues on any overdue amount from the day after the due date, and instalment arrangements are available.
Evidence required
Land tax assessment notices and payment records; Valuer-General land valuations; evidence supporting any home, primary production or other exemption claimed; ownership and trust documents establishing the owner type; QRO Online account with current contact details.
Max penalty
Unpaid tax interest accrues on overdue land tax from the day after the due date, and penalties may also apply if the amount remains unpaid (QRO). Foreign companies, trustees of foreign trusts and absentees also pay a 3% surcharge on taxable land valued at $350,000 or more
Who must comply with this? The applicability test by industry, business structure and size.
Summary
Queensland land tax is an annual state tax under the Land Tax Act 2010 (Qld), levied on the freehold land an owner holds in Queensland at midnight on 30 June, for the whole financial year. Liability is assessed on the total taxable value of all the owner's Queensland land, including its share of jointly owned land, using the Valuer-General's annual site valuation (taxable value is the lesser of the statutory land value and the averaged value, s 16). The owner's principal place of residence is generally exempt, as is land used for primary production and some land held by charities and non-profit bodies. Rates depend on the owner type: individuals, companies and trustees, absentees, and foreign companies and trusts are assessed on separate scales. Queensland Revenue Office (QRO) issues an assessment notice; the owner does not lodge a return.
Enforced by
Source legislation
Topics
Related
- QLDPay QLD transfer duty on residential propertyQLD transfer duty progressive; foreign acquirer additional duty 8% (from 1 July 2024).
- 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.
- NSWPay NSW land taxNSW land tax applies on aggregated unimproved land value above $1.075M general threshold (2026).
- QLDPay Queensland payroll tax when threshold metQLD: 4.75% on Australian wages above the $1.3 million tax-free threshold (FY2026-27).
- NSWPay NSW payroll tax when threshold metNSW: 5.45% on Australian wages above the $1.2 million tax-free threshold (FY2026-27).
- ACTPay ACT payroll tax when threshold metACT: 6.75% on Australian wages above the $1.75 million tax-free threshold (FY2026-27).
Frequently asked questions
- Who must comply with Queensland land tax?
- Individuals, companies (including clubs, associations and societies), trustees of trusts and superannuation funds, and absentees who own freehold land in Queensland whose total taxable value at 30 June is at or above the threshold for their owner type. A trustee of a special disability trust is assessed as an individual.
- What triggers Queensland land tax?
- Owning freehold land in Queensland at midnight on 30 June with a total taxable value of $600,000 or more (individuals) or $350,000 or more (companies, trustees and absentees), after exemptions such as the home exemption.
- When is Queensland land tax due?
- Annually, by the due date shown on the land tax assessment notice issued by QRO for the financial year. Interest accrues on any overdue amount from the day after the due date, and instalment arrangements are available.
- What is the maximum penalty for Queensland land tax?
- Unpaid tax interest accrues on overdue land tax from the day after the due date, and penalties may also apply if the amount remains unpaid (QRO). Foreign companies, trustees of foreign trusts and absentees also pay a 3% surcharge on taxable land valued at $350,000 or more
- What evidence is required for Queensland land tax?
- Land tax assessment notices and payment records; Valuer-General land valuations; evidence supporting any home, primary production or other exemption claimed; ownership and trust documents establishing the owner type; QRO Online account with current contact details.
Source: https://qro.qld.gov.au/land-tax/calculate/. Rules Mate is not a law firm. Always verify against the live regulator source before acting.