Land Tax Instalments now to be paid by AutoPay

By Aldo Galante February 27, 2019

Have you previously paid your Land Tax by instalments?

If yes, it is important to note the State Revenue Office (SRO) have changed the instalment payment process.

In past years the Land Tax invoice allowed for payment to be made in 4 equal instalments, due at set dates. The 2019 notices now require the land owner to initiate the instalment option by opting in to AutoPay via the SRO website. The land owner must select the frequency of their instalments (fortnightly, monthly or quarterly) and register a credit card or transaction account for direct debit.

This must be done within 30 days of the Land Tax Assessment Notice issue date, otherwise full payment will be required in June 2019. 

land_tax_autopay_feature

If an Estate Agent manages your property, it is also important to note that your Property Manager cannot set up AutoPay for you and Trust Accounts prohibit direct debits. This means any payment of Land Tax by instalments must be paid directly from your personal accounts.

 If you require more information, click here to contact me or call 0417 055 588.

 

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Aldo Galante

Written by Aldo Galante

For over 30 years, Aldo has been at the forefront of Australia’s fast-evolving property industry. He served as President of the prestigious Australian Property Institute (Vic), providing determinations on rent-reviews and valuations

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