Australian Capital Territory
Taxation Administration (Rates) Determination 2015 (No 1)
Disallowable instrument DI2015-162
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 2015 (No 1).
2	Commencement 
This instrument commences on 1 July 2015. 
3	Determination
I determine that, for the purposes of the Rates Act 2004:
a) 	FC or fixed charge for section 14 (3) is:
i) 	$730 for residential land;
ii) 	$2,130 for commercial land; and
iii) 	$150 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	0.2746%	
$150,001-$300,000	0.3857%	
$300,001-$450,000	0.4629%	
$450,001 and over	0.5339%	
 		
Commercial land
Part of average unimproved value of the parcel:		
$1-$150,000	2.6274%	
$150,001-$275,000	3.0467%	
$275,001 and over	4.4339%	
 		
Rural land	0.1468%	

c) 	FCC or fixed charge for a parcel of commercial land for section 34 (4) is $2,130;
d)	FCR or fixed charge for a parcel of residential land for section 34 (4) is $730;
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
DI2014-185 is revoked.
5	Transitional Provisions
DI2014-185 continues to apply between 1 July 2014 and 30 June 2015 inclusive. 

Andrew Barr MLA
Treasurer
12  June 2015