From 1 July 2023, windfall gains tax applies to land that is rezoned resulting in a taxable value uplift to the land of more than $100,000. We have updated our website with new information about windfall gains tax, including:
The 2022-23 electronic annual reconciliation is now available. It must be completed and lodged with any amount owing by 21 July 2023.
Our website includes detailed information about the windfall gains tax, including answers to frequently asked questions.