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Publication-GEN-02-15

This bulletin sets out recent changes to the Duties Act 2000, Payroll Tax Act 2007 and Valuation of Land Act 1960.

The State Taxation Acts Further Amendment Act 2015 (Amending Act) received Royal Assent on 1 December 2015. This Act introduces changes to the Duties Act 2000, Payroll Tax Act 2007 and Valuation of Land Act 1960.

Duties Act 2000

The State Revenue Office and Department of Economic Development, Jobs, Transport and Resources jointly administer livestock duty, which is payable on the sale of cattle, sheep, goats and swine. The Amending Act includes bison in the definition of cattle. Accordingly, from 1 January 2016, livestock duty will be payable on the sale of bison (and their carcases).

Payroll Tax Act 2007

The Amending Act amends the Payroll Tax Act 2007 to update the requirements for the payroll tax exemption available for wages paid or payable to a new entrant apprentice or trainee employed by an approved group training organisation. These amendments align the definition of “new entrant” in the Payroll Tax Act 2007 with the current practice of group training organisations and the framework for apprentices and trainees under the Education and Training Reform Act 2006. The amendments commence on 1 July 2016, in line with the commencement of the next payroll tax year.

Valuation of Land Act 1960

The Amending Act also makes a number of technical changes to the Valuation of Land Act 1960 which impact the land tax regime. These amendments:

  • Provide a mechanism for apportioning the capital improved value or site value of land or part of land that is non-rateable, non-leviable land and which cannot be separately valued. This amendment will allow apportioning of valuations in circumstances where it is necessary to apportion the site value of land that is assessable for the purposes of land tax, but not assessable for council rates (non-rateable) or the fire services property levy (non-leviable),
  • Enable the Valuer-General to provide copies of a supplementary valuation to a rating authority other than a council,
  • Allow the Valuer-General to accept a late nomination from a council requesting the Valuer-General undertake the biennial general valuation on their behalf,
  • Bring forward the date for the return of biennial general valuations from 30 June to 30 April. This amendment commences on 1 July 2016 and therefore applies from the 2018 general valuation cycle, and
  • Enable a supplementary valuation to be made where rateable land or non-rateable leviable land changes status. The amendment ensures that a valuation authority can record and report on changes to the rateable and/or leviable status of land via a supplementary valuation