Western Australia
Land Tax Amendment Act 2013
Western Australia
Land Tax Amendment Act 2013
Contents
1.Short title2
2.Commencement2
3.Act amended2
4.Section 5 amended2
Western Australia
Land Tax Amendment Act 2013
An Act to amend the Land Tax Act 2002.
[Assented to 21 October 2013]
The Parliament of Western Australia enacts as follows:
This is the Land Tax Amendment Act 2013.
This Act comes into operation as follows —
(a)sections 1 and 2 on the day on which this Act receives the Royal Assent;
(b)the rest of the Act is deemed to have come into operation on 1 July 2013.
This Act amends the Land Tax Act 2002.
(1)In section 5 delete the heading to Table 8 and insert:
Table 8: Land tax rates for 2009/10, 2010/11, 2011/12 and 2012/13
(2)In section 5 after Table 8 insert:
Table 9: Land tax rates for 2013/14 and subsequent financial years
Taxable value of the land |
Rate of land tax |
|
Exceeding ($) |
Not exceeding ($) |
|
0 |
300 000 |
Nil |
300 000 |
1 000 000 |
0.10 cent for each $1 in excess of $300 000 |
1 000 000 |
2 200 000 |
$700 + 0.53 cent for each $1 in excess of $1 000 000 |
2 200 000 |
5 500 000 |
$7 060 + 1.37 cents for each $1 in excess of $2 200 000 |
5 500 000 |
11 000 000 |
$52 270 + 1.64 cents for each $1 in excess of $5 500 000 |
11 000 000 |
|
$142 470 + 2.43 cents for each $1 in excess of $11 000 000 |