What land tax exemption is available for a principal place of residence in SA?
Correct Answer
D) Land used as the owner's principal place of residence is exempt from land tax
In SA, land used as the owner's principal place of residence is exempt from land tax. Land tax applies to other land holdings such as investment properties, commercial properties, and vacant land.
Why This Is the Correct Answer
Under the Land Tax Act 1936 (SA), land used as the owner's principal place of residence is exempt from land tax, whatever its value, provided the conditions of the exemption are met.
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