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Legislative Assembly for the ACT: 2004 Week 01 Hansard (Thursday, 12 February 2004) . . Page.. 417 ..

2 This information is also available from the same catalogue.

3 The number of aged pensioners is maintained by Centrelink, a Federal Government agency.

Land tax
(Question No 1207)

Mr Smyth asked the Treasurer, upon notice, on 11 December 2003:

In relation to the administration of the land tax system in the ACT:

(1) Is it acceptable for property owners who are subject to land tax to pay their assessment on an annual basis;

(2) If this practice is acceptable, how many property owners pay their land tax annually;

(3) Is it possible for the accounting system used to manage the land tax regime to accept, as a normal transaction, payments of land tax that are made on an annual basis; if not, why not;

(4) If annual payments of land tax can not be accepted as a normal transaction, what action is being taken to remedy this situation;

(5) If the land tax due on a property has been paid as an annual payment, are quarterly land tax assessment notices still sent to the owner/s of that property;

(6) Have there been any complaints lodged by property owners about problems experienced with the recording of annual payments of land tax.

Mr Quinlan: The answer to the member’s question is as follows:

(1) Yes. However, as the rates and land tax computer system is a debit based system and land tax charges are raised quarterly in accordance with the legislation, the rates charges also have to be paid in full for the excess land tax payment to remain against future quarterly land tax assessments.

(2) This information is not known. The payment decisions are made by property owners, depending on their financial circumstance.

(3) Yes.

(4) N/A.

(5) Yes. This reason is defined in Section 22C of the Rates and Land Tax Act 1926.

(6) Yes. The ACT Revenue Office is only aware of having received a written complaint from one property owner.

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