It is proposed that the Land Tax and Taxation Administration Amendment Bill 2009 (Qld) be enacted and to take effect from 30 June 2009.

If this Bill is enacted implications include: 

1. Commercial leases entered into after 30 June 2009 – Landlord can recover Land Tax as outgoing.

2. Pre-existing leases – Land Tax is not recoverable by landlord (even if the lease is renewed or assigned after 30 June 2009).

3. Retail Shop Leases & residential leases – not affected by this – landlord cannot pass on Land Tax liability to the tenant.

Rationale – this brings the Queensland Act in line with the other States & affords some protection to landlords against unexpected hikes in land tax.

Need help with a Commercial Lease or a Retail Shop Lease in Queensland? Contact Dave Cheng.

Want a Brisbane Lease Lawyer / solicitor who keeps up to date with the changes in relevant legislation and cases?

Choose our Brisbane Property Lawyers / solicitors.

Here are a few recent Updates that our Lawyers have written for our Legal Resource Centre:

• Fire Safety Update – Commercial Buildings

• Landlords and tenants- check your rent review clauses – they may be void

• Asbestos Management compliance by building owners (and tenants)