The Big Unknown of 2024, Just Around the Corner!!

1.

Review the Assessment Notice: Examine the land tax assessment notice carefully to understand the basis for the valuation and the calculation of the land tax.

2.

Grounds for Objection: Identify valid grounds for objection. Common reasons may include errors in the property valuation, incorrect land classification, or eligibility for exemptions.

3.

Submit Objection Form: Complete the objection form provided by the State Revenue Office. Ensure that you provide detailed information and supporting evidence for your objection.

4.

Submit within the Timeframe: Objections must be lodged within the specified timeframe, usually within 60 days from the issue date of the assessment notice. Late objections may not be considered.

5.

Await Response: The State Revenue Office will review your objection and respond in writing. They may request additional information or clarification during this process.

6.

Further Review: If dissatisfied with the SRO’s decision, you may have the option to escalate the matter to the Victorian Civil and Administrative Tribunal (VCAT) for an independent review.

7.

Professional Advice: Seeking advice from First Valuation Group, who are experienced in Victorian land tax matters can be beneficial. We can assist in preparing a strong objection and guide you through the process.