[Jason Symons]

Afternoon all,

Firstly, a very Merry Christmas to you all, and safe travels for those hitting the roads this festive season.

Recently we’ve received approx. 10 Objections on supplementary lists, which have occurred as a result of land owners objecting to recent land tax assessments received from OSR (there are still 5 further objections outstanding and yet to be received). These objections affect current plus prior two years rate periods, and the income (so far) is in the vicinity of $60k. I’ve informed my CFO of this, and she’s hoping (because these objections are the result of land tax reasons, rather than rating purposes) do rates need to be adjusted? I’ve informed her because the values with the earliest base date were both used by Council and OSR (as these values need to be used by both rating and taxation authorities), adjustments need to be done.

Has anyone else recently received similar objections. and if so could you please let me know how they are being treated.

Thanks in advance.

Jason

[Michael Cherry]

Hi Jason,

Yes mate best wishes for the festive season also.
Newcastle has received many of these objections where a successful objection was lodged against a land valuation where the base date of the amended valuation allows its use for both rating and taxing purposes. The rates levied using the former land value are adjusted by us back to the first year the land value was used. It is immaterial whether the objection was motivated by land tax or rating issues – both outgoings are adjusted accordingly.

Hope this helps.

Mick

[Andrew Butcher]

Hi Jason

I think you would not get far with this if appealed against unfortunately, Section 61 of the Valuation of land Act is fairly succinct. I would agree with Mick that to source of the objection may have little relevance as to how the valuations need to be used.

Section 61 (VLAct):
Notwithstanding anything to the contrary in any Act, each such rating or taxing authority shall use any valuation list and any supplementary list so furnished by the Valuer-General as the basis of its rate or tax in respect of any land included in any such list, and the values stated therein shall be deemed to be the values fixed or determined by a valuation or assessment duly made under the Acts relating to the rate or tax without any necessity to give any notice thereof. No appeal against such valuation under any such Act shall lie except as to a matter which would not be admissible as a ground of objection under this Act:
Provided that a new valuation made by the Valuer-General in accordance with section 20 (3) (b) shall not be used by a rating or taxing authority as the basis of its rate or tax in respect of the land included in such valuation.

Hope this is helpful.

Regards
Andrew

[Jason Symons]

Hi Andrew and Mick,

I appreciate the feedback,

Cheers

Jason

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