The principal residence land or primary production land concession may continue to apply for land that has been subject to fire, flood or a similar disaster.

From 1 July 2013, where a property has either a principal residence land or primary production land classification and is affected by a natural disaster (the land is not suitable to be occupied as principal residence land or utilised as primary production land), the property will, in certain circumstances, continue to receive either the principal residence land or primary production land classification for up to two financial years following the disaster.

Detailed and specific conditions apply to this concession.

For more information:

Department of Treasury and Finance
Phone: 6166 4400 or 1800 001 388
Email: taxhelp@treasury.tas.gov.au
Web: www.sro.tas.gov.au