Finance (Local Property Tax) Act 2012 section 115

Statement of deductions

Section 115 requires the Minister for Agriculture to provide liable persons with an annual statement of local property tax deducted from their scheme payments.

• After the end of each year, the Minister must issue a statement to every liable person who had local property tax deducted from their net scheme payments during that year.
• The statement must show the total amount of local property tax deducted from the person's net scheme payments for the year in question.
• This obligation applies automatically — the Minister must provide the statement without the liable person having to request it.
• The statement serves as a record for the liable person, confirming how much local property tax has been collected through the deduction mechanism during the relevant year.