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The 2025–26 Queensland Budget was released on 24 June 2025. Read more

The Commissioner has updated the public ruling on the land tax exemption for a home. LTA000.1.3

The payroll tax annual return must be lodged and paid by Monday 21 July 2025. Now available in QRO online

Queensland Government - Queensland Revenue Office
Queensland Government - Queensland Revenue Office

Possession date

Issued date
15 October 2024

For ownership of land, is the date that actual possession passes to the new owner.

This is usually the date of settlement as shown on Form 24.

An explanation can be found in section 11 of the Land Tax Act 2010.

Read the public ruling on contracts for the sale and purchase of land (LTA011.1) for more information.