Australian Capital Territory
Taxation Administration (Amounts Payable—Land Rent) Determination 2018 (No 1)
Disallowable instrument DI2018–180
made under the  
Taxation Administration Act 1999, s 139 (Determination of amounts payable under tax laws)

1	Name of instrument
This instrument is the Taxation Administration (Amounts Payable—Land Rent) Determination 2018 (No 1).
2	Commencement 
This instrument commences on 1 July 2018. 
3	Definitions
In this instrument:
Act means the Land Rent Act 2008.
dependent child—see the Social Security Act 1991 (Cwlth), section 5.	
discount percentage—see the Act, dictionary.
income threshold amount—see the Act, dictionary.
pre-1 October 2013 lease means a land rent lease to which the Act, section 8 (1) applies.
post-1 October 2013 lease means a land rent lease to which the Act, section 8AA (1) applies.
relevant percentage—see the Act, dictionary.
standard percentage—see the Act, dictionary.

4	Determination—percentages
For the purposes of the Act, I determine that—
(a)	the standard percentage is 4%; and
(b)	the discount percentage is 2%; and
(c)	the relevant percentage is 3.03%.
5	Determination—income threshold amount for pre-1 October 2013 leases
For the purposes of the Act, I determine that the income threshold amount for a pre‑1 October 2013 lease is the amount listed in column 2 of table 1 opposite the total number of dependent children of all lessees of the lease listed in column 1.
Table 1	Pre-1 October 2013 leases
column 1
total dependent children	column 2
income threshold amount	
0	$104 300	
1	$107 630	
2	$110 960	
3	$114 290	
4	$117 620	
5 or more	$120 950	
6	Determination—income threshold amount for post-1 October 2013 leases
For the purposes of the Act, I determine that the income threshold amount for a post‑1 October 2013 lease is the amount listed in column 2 of table 2 opposite the total number of dependent children of all lessees of the lease listed in column 1.
Table 2	Post-1 October 2013 leases
column 1
total dependent children	column 2
income threshold amount	
0	$160 000	
1	$163 330	
2	$166 660	
3	$169 990	
4	$173 320	
5 or more	$176 650	
7	Revocation
This instrument revokes Taxation Administration (Amounts Payable—Land Rent) Determination 2017 (No 1) DI2017-140.

8	Transitional provisions
DI2017-140 continues to apply to applications for discounted land rent for the period 1 July 2017 to 30 June 2018, inclusive. 
Andrew Barr MLA
Treasurer
19 June 2018