Australian Capital Territory
Taxation Administration (Rates) Determination 2014 (No 1)
Disallowable instrument DI2014-185
made under the  
Taxation Administration Act 1999, s139 (Determination of amounts payable under tax laws)

1	Name of instrument
This instrument is the Taxation Administration (Rates) Determination 2014 (No 1).
2	Commencement 
This instrument commences on 1 July 2014. 
3	Determination
I determine that, for the purposes of the Rates Act 2004:
a) 	FC or fixed charge for section 14 (3) is:
i) 	$675 for residential land;
ii) 	$1,915 for commercial land; and
iii) 	$145 for rural land;
b) 	P or percentage rate for section 14 (3) is per Table 1.
Table 1
Residential  land
Part of average unimproved value of the parcel:	Percentage rate
(Per cent)	
$1-$150,000	0.2547%	
$150,001-$300,000	0.3571%	
$300,001-$450,000	0.4287%	
$450,001 and over	0.4873%	
 		
Commercial land
Part of average unimproved value of the parcel:		
$1-$150,000	2.4134%	
$150,001-$275,000	2.7957%	
$275,001 and over	4.0245%	
 		
Rural land	0.1468%	

c) 	FCC or fixed charge for a parcel of commercial land for section 34 (4) is $1,915;
d)	FCR or fixed charge for a parcel of residential land for section 34 (4) is $675;
e)	PC or percentage rate for a parcel of commercial land for section 34 (4) is per Table 1; and
f)	PR or percentage rate for a parcel of residential land for section 34 (4) is per Table 1.
4	Revocation
DI2013-175 is revoked.
5	Transitional Provisions
DI2013-175 continues to apply between 1 July 2013 and 30 June 2014 inclusive. 

Katy Gallagher MLA
Acting Treasurer
25 June 2014