Administering property taxes

Why this is important

Property taxes are increasing as a share of government revenue. They are also identified as a key funding source for some major government infrastructure projects. 

Property taxes have become more complex in recent years as the government has changed some taxes (such as land tax) and introduced new ones (such as the windfall gains tax). 

When property taxes are calculated or collected incorrectly, or people are uncertain when they apply, there can be extra costs for taxpayers and businesses, and the community can lose confidence in the tax system. 

This engagement will examine if the Valuer-General Victoria values property reliably and if the State Revenue Office calculates its assessments in line with relevant legislation and policies. 

What we plan to examine

We plan to examine if property tax assessments are administered effectively and in accordance with relevant legislation and controls. 

Who we plan to examine

Department of Transport and Planning

Department of Treasury and Finance

State Revenue Office

Valuer-General Victoria