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  • Form Osr Lt12

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Orm LT12 when completing this claim.) Land owner details Client number (if known) Last name Middle name/s First name Date of birth Contact details / / C/Unit/Flat/Building House no/Street/ PO Box Suburb State Postcode Email address Contact person s name Contact number Liability date This claim is made for land owned at midnight on Land details The land for which the exemption is claimed is described as follows: Lot no. Plan type (e.g. SP, RP) 30 June Plan no. Street addres.

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The current land tax threshold in Queensland is $600,000. This means if you own an individual block of land or multiple lands in Queensland that amount to the threshold, you will be liable to pay land tax. You might also like to calculate your land tax with the Queensland Land tax calculator.

An owner may be eligible for a land tax exemption if they use land wholly or partly as their principal place of residence. For detailed information about the exemption, see the following public rulings: The land tax exemption for a home (LTA000. 1)

As an individual, you are liable for land tax if the total taxable value of your freehold land—comprising land owned solely and your share in land owned jointly with others—at 30 June is $600,000 or more.

Land tax is assessed (or calculated) on the total taxable value of an owner's Queensland freehold land. We will add up the taxable value of all land that you own in Queensland at 30 June, excluding land on which you have received an exemption.

You can claim a home exemption on land, or the part of land, you use as your home. Individuals and trustees of trusts and superannuation funds may be eligible for a home exemption; but companies, foreign companies, trustees of foreign trusts and absentees are not.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232