We have recently written about changes proposed by the
Queensland Government, to the way in which land tax was to be
calculated and charged in Queensland. On 30 September 2022
Queensland Premier Anastasia Palaszczuk announced that the
Queensland Government would be abandoning those changes.
The abandoned changes
Under the land tax changes legislated by the Queensland
Government from 30 June 2023, land tax on an owner's Queensland
land holdings was to be calculated having regard to the taxable
value of all land owned by that landowner, throughout
Australia.
That would have meant that in determining;
- whether a Queensland landholder had reached the relevant
applicable tax-free threshold for the taxation of their Queensland
land holdings; and
