New absentee owner surcharge exemption guidelines published
New guidelines for the land tax absentee owner surcharge exemption have been published in the Government Gazette today.
Published on 27 October 2026The guidelines apply to absentee corporations and absentee trusts.
Most of the new guidelines remain the same as the previous guidelines. The new guidelines update and clarify how the exemption applies to property developers.
The new guidelines apply from the 2027 land tax year. The previous guidelines continue to apply from the 2019 to 2026 land tax years.