06/03/2026
Will the Windfall Gains Tax apply to my land?
The Windfall Gains Tax applies to land value increases by more than $100,000 due to government rezoning. The Windfall Gains Tax will be applicable in most instances in the Merrimu Precinct.
The tax does not apply to some types of land, including residential land up to 2 hectares, land owned by charities and land rezoned to certain public or rural zones.
The tax is charged when the land is rezoned, not when the land is sold or developed. The person who owns the land when it is rezoned is responsible for paying the tax. You can defer paying the tax until the land changes hands or for 30 years.
For more information, contact the State Revenue Office.