RevenueSA acknowledges that the recent bushfires have had a devastating impact on many South Australians and that the fire threat is not over.
Communities have seen many people suffer the loss of homes, businesses and other property, including livestock and have their and livelihood significantly impacted.
The South Australian Government has announced a number of tax relief measures for those impacted by the bushfires, as outlined below.
|Motor Vehicle (Stamp Duty)||Purchase of replacement motor vehicle(s) by a person because existing vehicle(s) destroyed in bushfires.|
Relief of stamp duty of up to $1940 for replacement passenger vehicles and $1470 for replacement commercial vehicles.
For replacement vehicles valued above $50 000, relief is capped at $1940 for a passenger vehicle and $1470 for a commercial vehicle with the balance of the duty payable.
Case-by-case relief considered where more than two vehicles registered to the same owner are destroyed.
|Land Transfers (Stamp Duty)||Purchase of replacement home, or vacant land on which a replacement home will be built within 3 years from the date of purchase, because existing home destroyed in bushfires.|
Relief of up to $48 830 in stamp duty on a replacement home or vacant land on which a replacement home will be built within 3 years from the date of purchase. .
For replacement homes or vacant land valued above $1 million, the duty relief is capped at $48 830 with the balance of the duty payable.
|Land Tax||Property destroyed or substantially damaged.|
Relief of 2019-20 and 2020-21 land tax liabilities for affected properties.
A refund will be available on any land tax paid for 2019-20 for affected properties.
|Property affected but not destroyed or substantially damaged.|| Relief of 2020-21 land tax liability considered on a case-by-case basis.|
If your principal place of residence was destroyed or rendered uninhabitable by the bushfires, you may be eligible for an exemption from land tax for up to three years, while your home is being rebuilt.
If you have been affected by the bushfires and have any concerns about meeting your state revenue obligations, please email us at firstname.lastname@example.org or call 8226 3750 to discuss options available.
Wages paid to employees who are absent from work to volunteer as fire fighters, or to respond to other emergencies, may be exempt from payroll tax in respect of any period they are engaged as a volunteer member of SACFS or an emergency services organisation responding to the bushfire emergencies.
If you are unsure if wages paid are exempt please email us at email@example.com or call 8226 3750 (option 5).