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This is a Bill, not an Act. For current law, see the Acts databases.
Western Australia Land Tax Amendment Bill 2015 Contents 1. Short title 2 2. Commencement 2 3. Act amended 2 4. Section 5 amended 2 142--1 page i Western Australia LEGISLATIVE ASSEMBLY Land Tax Amendment Bill 2015 A Bill for An Act to amend the Land Tax Act 2002. The Parliament of Western Australia enacts as follows: page 1 Land Tax Amendment Bill 2015 s. 1 1 1. Short title 2 This is the Land Tax Amendment Act 2015. 3 2. Commencement 4 This Act comes into operation as follows -- 5 (a) sections 1 and 2 -- on the day on which this Act 6 receives the Royal Assent; 7 (b) the rest of the Act is deemed to have come into 8 operation on 1 July 2015. 9 3. Act amended 10 This Act amends the Land Tax Act 2002. 11 4. Section 5 amended 12 (1) In section 5 in the heading to Table 10 delete "and subsequent 13 financial years". 14 (2) After section 5 Table 10 insert: 15 16 Table 11: Land tax rates for 2015/16 17 and subsequent financial years Taxable value of the land Rate of land tax Exceeding Not exceeding ($) ($) 0 300 000 Nil 300 000 420 000 A flat rate of $300 420 000 1 000 000 $300 + 0.25 cent for each $1 in excess of $420 000 1 000 000 1 800 000 $1 750 + 0.90 cent for each $1 in excess of $1 000 000 page 2 Land Tax Amendment Bill 2015 s. 4 Taxable value of the land Rate of land tax Exceeding Not exceeding ($) ($) 1 800 000 5 000 000 $8 950 + 1.80 cents for each $1 in excess of $1 800 000 5 000 000 11 000 000 $66 550 + 2.00 cents for each $1 in excess of $5 000 000 11 000 000 $186 550 + 2.67 cents for each $1 in excess of $11 000 000 1 2
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