Revenue NSW are issuing SMS and email payment reminders to customers who have an upcoming due date or payment plan instalment.
Flexible payment options are available via our online services, find out how to pay your land tax.
Land tax is an annual tax levied at the end of the calendar year on property you own that is above the land tax threshold. Your principal place of residence is generally exempt, and other exemptions and concessions may apply.
Land tax is different to property tax. Read more about property tax.
Find out more about land tax in the video below.
You may have to pay land tax if you own, or jointly own:
Additionally, you may have to pay land tax if:
Land tax applies regardless of whether income is earned from the land.
Generally, you do not pay land tax on:
You must register for land tax if the value of all your taxable land is above the land tax threshold, even if you have not received a land tax notice of assessment from Revenue NSW.
Our tax system relies on you to honestly and voluntarily self-assess and comply with your land tax obligations.
If you are liable for land tax but do not register, or fail to lodge a return, we may charge you interest and apply penalties under the Taxation Administration Act 1996.
Land tax is calculated on the total value of all your taxable land above the land tax threshold, not on each individual property. If the combined value of your land does not exceed the threshold, no land tax is payable. Your liability for each year is based on the value of all land you owned on 31 December in the previous year. Any changes to the land you own this year will only affect how much you pay next year. Estimate your land tax liability and surcharge (if applicable) with the land tax calculator below.
If the ownership and/or use of any of your land changes, notify us by lodging a return through land tax online.
Historically, the land tax threshold has changed annually. The 2024-2025 State Budget announced a freeze on the general and premium rate thresholds for land tax for years after 2024.
From 2024 onwards, the land tax thresholds will be applied as follows:
| Tax year | General threshold | Premium threshold |
|---|---|---|
| 2024 onwards | $1,075,000 | $6,571,000 |
| 2023 | $969,000 | $5,925,000 |
| 2022 | $822,000 | $5,026,000 |
| 2021 | $755,000 | $4,616,000 |
| 2020 | $734,000 | $4,488,000 |
| 2019 | $692,000 | $4,231,000 |
| 2018 | $629,000 | $3,846,000 |
| 2017 | $549,000 | $3,357,000 |
| 2016 | $482,000 | $2,947,000 |
| 2015 | $432,000 | $2,641,000 |
| 2014 | $412,000 | $2,519,000 |
| 2013 | $406,000 | $2,482,000 |
| 2012 | $396,000 | $2,421,000 |
| 2011 | $387,000 | $2,366,000 |
| 2010 | $376,000 | $2,299,000 |
The Valuer General determines the value of all land in NSW at 1 July each year. Land value is the unimproved value of your land.
The taxable value of each parcel of land is determined on the average value from the current year and the two past years, where applicable.
When a parcel of land has been created less than three years ago – for example, through a subdivision or amalgamation – we only consider the years after it was created.
| Year | Value determined on | Your land value |
|---|---|---|
| 2022 | 1 July 2021 | $1,050,000 |
| 2023 | 1 July 2022 | $1,100,000 |
| 2024 | 1 July 2023 | $1,150,000 |
| Average value | ($1,050,000 + $1,100,000 + $1,150,000) / 3 = $1,100,000 |
Your average land value for land tax purposes in the 2024 tax year is $1,100,000.
If you are liable for land tax, you will receive an annual notice of assessment that will include a list of all NSW land you owned on 31 December the previous year and how much land tax you must pay.
If you do not receive a notice of assessment, please contact us to find out if you are liable for land tax.
Check that the following details on your notice of assessment are correct:
If your details are incorrect, update them via your MyServiceNSW Account by lodging a return through land tax online before the due date on your notice of assessment.
Your privacy is important to us. Read our privacy policy for further information on how we protect the privacy of your personal information.
It is important that you keep your details up to date. This is because incorrect information can lead to delays in our correspondence, assessment errors and penalties.
Please declare any changes to your property or personal details, for example:
Tell us as soon as possible when your circumstances change via our online services. Penalties may apply if you do not notify us within certain timeframes.
Watch our educational videos to find out more.
If you believe we have applied the legislation incorrectly to your assessment, you have the right to lodge a formal objection. Your objection must be lodged within 60 days of the assessment or decision being made.
If you have additional information that we haven’t previously considered, including applying for an exemption, you should lodge a variation return rather than an objection. You should do this through Land Tax Online, on or before the first due date of your notice of assessment.
To submit your objection, you will need to provide the following information:
Please note: even if you’ve lodged an objection, you must still pay by the due date as interest will be imposed on any overdue amounts, and a refund will be issued to you if your objection is successful.
If you are dissatisfied with the result of your objection, you can request an external independent review.
If you disagree with your land value shown on your assessment you can go to valuergeneral.nsw.gov.au for more information about land values and the review process. You have 60 days from the issue date on your land tax assessment notice to lodge an objection to the land value.
Note: If you object to your land value you must still pay your land tax assessment by the due date as interest will apply to any overdue amounts.
Read about the land tax support available to help people impacted by COVID-19.