Tax relief measures for bushfire affected South Australian businesses

Overview

The South Australian government is providing the following tax relief measures for eligible businesses who have been affected by bushfires:

Motor Vehicle (Stamp Duty)

For people purchasing replacement motor vehicle(s) because their existing vehicle(s) were destroyed in bushfires:

• Relief of stamp duty of up to $1940 for replacement passenger vehicles and $1470 for replacement commercial vehicles.
• For replacement vehicles valued above $50,000, relief is capped at $1940 for a passenger vehicle and $1470 for a commercial vehicle with the balance of the duty payable.
• Case-by-case relief considered where more than two vehicles registered to the same owner are destroyed.

Land Transfers (Stamp Duty)

For people purchasing a replacement home because their existing home was destroyed in bushfires:

• Relief of up to $48,830 in stamp duty on a replacement home.
• For replacement homes valued above $1 million, the duty relief is capped at $48,830 with the balance of the duty payable.

Land Tax

For people who's property was destroyed or substantially damaged by bushfires:

• Relief of 2019-20 and 2020-21 land tax liabilities for affected properties.
• A refund will be available on any land tax paid for 2019-20 for affected properties.

For people who's property was affected but not destroyed or substantially damaged by bushfires:

• Relief of 2020-21 land tax liability considered on a case-by-case basis.