The Commissioner has issued new rulings on extensions of time to lodge an objection under the Taxation Administration Act and the Grants Act. Read more

The Commissioner has issued a new ruling and updated other rulings on reassessments under s.17 of the Taxation Administration Act. Read more

Our office will be closed from 24 December to 1 January 2026. Read more

Taxable value

The lesser of:

the statutory land value of the land for the financial year

the averaged value of the land for the financial year.

Taxable value is defined in section 16 of the Land Tax Act 2010.