Page 4222 - Week 15 - Thursday, 17 December 1992

Next page . . . . Previous page . . . . Contents . . . . Debates(HTML) . . . . PDF . . . .

---

CHIEF MINISTER FOR THE AUSTRALIAN CAPITAL TERRITORY

LEGISLATIVE ASSEMBLY QUESTION

QUESTION NO. 502

Land Tax - Exemptions

MR CORNWELL: Asked the Chief Minister upon notice on 17 December 1992 - In relation to exemptions from ACT land tax for people who had been transferred from Canberra on account of employment

1: How many such exemptions were granted and how much land tax

was foregone in 1991-92?

2. How many such exemptions were granted and how much land tax

was foregone in the 1992-93 financial year to 30 November 1992?

MS FOLLETT: The answer to the Members question is as follows:-

1. For 1991-92, 1198 properties are recorded as having been

exempted from land tax for employment related absences of

owners. The cost to the Revenue of these exemptions was

$570,724.64.

2. For 1992-93, 1320 properties are recorded as exempt for

employment related reasons with a cost to the Revenue of

$862,654.43.

There may be some cases where a property exempted from land tax because of employment related reasons has been sold or the owner has returned to reside in the property and the record of the exemption given for employment reasons removed from the computer system. Due to the change in status of these properties it has not been possible to include the original exemption in the above figures.

4222

---

Next page . . . . Previous page . . . . Contents . . . . Debates(HTML) . . . . PDF . . . .