New Queensland land tax rules mean higher land tax bills for landowners with interstate properties
Queensland’s new Revenue Legislation Amendment Act 2022, enacted on 30 June 2022, contains a significant change to Queensland’s land tax regime and implements what was originally announced in the Queensland Government’s 2021-22 Budget Update – Mid-Year Fiscal and Economic Review on 16 December 2021. The new land tax rules it contains will apply from the 2023 land tax year onwards.