Exemptions and deductions

Resident land owners (individuals) and trustees of trusts may be eligible for a principal place of residence (PPR) exemption/deduction.

A full or partial PPR exemption/deduction may apply where land is used as a PPR and for another purpose.

Companies are not eligible for PPR exemptions or deductions.

Individuals

If you own land and use the land as your PPR (i.e. you live mainly at that address), you may be eligible to claim an exemption or deduction.

Complete an Exemption/deduction claim—Principal place of residence (PPR) individuals—LT12 (PDF 185 K).

You can only claim 1 property as your PPR—whether it is in Queensland or elsewhere.

See Public Ruling LTA003E.1—When land is used as a principal place of residence for more information.

Trustees

If you are a trustee of a trust or deceased estate, you may be able to claim a deduction for the land you own where all the beneficiaries of the trust use that land as their PPR.

Complete an Exemption/deduction claim— Principal place of residence (PPR) trustees—LT13 (PDF 190 K).

If you are a trustee of a discretionary trust, and a power of appointment has been made for only some beneficiaries, this should accompany your claim.

See Public Ruling LTA000.1—Principal place of residence deduction—trustees to find out if you are eligible.

If all or part of your land is used only for the business of primary production (agriculture, pasturage or dairy farming), you may apply for this deduction.

Complete a Deduction claim—Land used for the business of agriculture, pasturage or dairy farming—LT11 (PDF 175 K).

To find out if you are eligible for this deduction, see Public Ruling:

• LTA011.1—Guidelines for determining the business of agriculture, pasturage or dairy farming 
• LTA011.2—Deduction for the business of agriculture, pasturage or dairy farming—forestry. 

From 30 June 2007, the primary production deduction previously granted to absentees who are Australian citizens no longer applies.

A moveable dwelling park is a place where caravan or manufactured home sites are leased or rented.

You can claim an exemption if:

• the land is used predominantly as a moveable dwelling park
• more than 50% of sites in the park are occupied, or solely available for occupation, for residential purposes for periods of more than 6 weeks at a time.

Complete an Exemption claim for a moveable dwelling park—LT18 (PDF 175 K).

Aged care facilities

You may be able to claim an exemption if the land is used as the location for an aged care facility. This exemption applies to facilities that are an approved provider under the Aged Care Act 1997 (Cwlth).

Complete an Exemption claim—General—LT20 (Aged care facilities) (PDF 175 K). 

Retirement villages

You may be able to claim an exemption if the land is used for premises or facilities for residents of a retirement village. This exemption applies to facilities registered under the Retirement Villages Act 1999.

Complete an Exemption claim—General—LT20 (Retirement villages) (PDF 175 K). 

Associations

You may be able to claim an exemption if your association, club or society is a non-profit organisation using or occupying a building on the land.

Complete an Exemption claim—Land used as a site of a building or other public purposes by societies, clubs and associations—LT19 (PDF 175 K).

Exempt charitable institutions

You may be able to claim an exemption if the land is owned by an exempt charitable institution and used for a qualifying exempt purpose, for example:

• public benevolence
• charity
• education
• religion
• relief of poverty
• provision of care.

Complete an Exemption claim—Exempt charitable institution—LT15 (PDF 215 K).

See the following Public Rulings for more information: 

• GEN003—Exempt institutions and exempt charitable institutions 
• GEN004—Relief of poverty 
• GEN005—Public benevolent institutions 
• GEN006—Guidelines as to charitable object or an object promoting the public good.