How much is the levy?
The current levy rate until 31 December 2022 is 0.35 % of the cost of building and construction works of $25,000 and above (inclusive of GST).
From 1 January 2023 the levy rate will change to 0.25% of the cost of building and construction works and will only be payable if the cost of works is $250,000 and above (inclusive of GST).
The levy is payable online, at local councils or direct to LSC.
There is a levy calculator available on the website.
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.
