New South Wales compliance
New South Wales land tax
Thresholds, rates, surcharges + exemptions for FY26. Administered by Revenue NSW.
Threshold
$1,075,000 general; $6.571M premium
Rate
$100 + 1.6% over general threshold; 2% over premium threshold
Surcharges
Foreign person surcharge 5% on residential
Assessment date
Midnight 31 December
Exemptions
Principal place of residence (PPR), primary production, low-cost retirement village
Payment
Pay in full or 3-instalment plan via Revenue NSW
Recent change
PPR threshold abolished for foreign persons from 2024.
FAQ
- What is the New South Wales land tax threshold?
- $1,075,000 general; $6.571M premium
- What is the New South Wales land tax rate?
- $100 + 1.6% over general threshold; 2% over premium threshold
- Are there foreign owner surcharges?
- Foreign person surcharge 5% on residential
- What exemptions apply?
- Principal place of residence (PPR), primary production, low-cost retirement village
- When is land tax assessed?
- Midnight 31 December