Exemptions and concessions

The NSW state budget includes a change to principal place of residence exemption for holders of retirement visa (subclass 405 or 410) from the 2020 land tax year.

Principal place of residence exemption

From 1 July 2019, the following visa holders will be exempt from surcharge land tax on their principal place of residence if they occupy their home for a continuous period of 200 days in the current land tax year:

• permanent visa holders
• New Zealand citizens who hold a special category visa (subclass 444)
• partner (provisional) visa holders (subclass 309 or 820)
• holders of retirement visas (subclass 410 and 405)

Dates to remember:

• You must apply for the exemption by 31 March in the relevant tax year.
• This principal place of residence exemption does not apply to the 2017 tax year.
• Exemptions for retirement visas apply from the 2020 land tax year.

Register for land tax

Exemptions and concessions: use of land

Additional land tax exemption and concessions may apply depending on the use of the land, including:

• boarding houses
• low cost accommodation
• residential parks
• retirement villages
• primary production land
• childcare centres.