ADJOURNMENT - Land Tax valuations (19.2.2019)
Written on the 19 February 2019
Tuesday, 19 February 2019
Ms CROZIER (Southern Metropolitan) - My adjournment matter this evening is for the Treasurer, and it relates to land tax valuations.
A constituent of mine phoned my office last Thursday after they received their land tax bill, and to say that it came as a shock is an understatement. My constituent is a single woman. She has provided for herself and invested wisely over the years.
She has two propertiesmodest in size, she told meboth small flats around Prahran and South Yarra. She had a recent property valuation from the State Revenue Office which estimated an increase in value of around 46.8 per cent.
The State Revenue Office website states, and I quote: Your 2019 land tax is calculated on the site value of all taxable land you owned on 31 December 2018. My constituent's previous land tax bill was $5,140. However, the land tax bill that she received last Thursday was $14,315almost three times her previous bill.
Victorians know that Labor cannot manage money, but my God are they coming after yours. This tax grab will affect individuals and businesses who just want to get on, be self-sufficient and not rely on government.
The land tax bill that my constituent has received does not equate to the proportionality of value as assessed by the State Revenue Office or the land tax authority of whoever it is within that government agency. Therefore the action I seek is for the Treasurer to provide an explanation as to the rationale of the State Revenue Office, which slugged my constituent with this disproportionate amount of land tax last Thursday.
I am sure that there are many, many other Victorians in the same position.