How much is the levy?
The current levy rate is 0.35 % of the value of building and construction work where the cost of building is $25,000 or more (inclusive of GST). For example, for a home costing $200,000 to build the levy is $700, but a one-room extension of a house costing $24,000 does not have to pay a levy because the cost is less than $25,000.
Exemption for part of the levy is possible in certain situations, see exemptions.
Payment of the levy in instalments is possible for large building and construction projects, see instalments.Back to top