3 March 2021
If you have not received your Land Tax assessment yet, Revenue SA are currently processing these and you should expect to receive these in the post very soon.
For the 2020/21 financial year there are some changes to the way land is grouped for assessment.
Which may result in you receiving assessments in multiple ownerships for the first time.
Due to these changes, if you hold land in a trust, due to higher trust land tax rates, you may find your Land Tax Assessments are significantly higher than the previous year. Please contact our office should you require assistance, as we may be able to assist with reducing this assessment.
Please note exempt land, such as your main residence will appear on your Land Tax Assessment, although it remains exempt and excluded for calculation purposes.