2021 Coronavirus Land Tax Relief
Two links that provide all the detail you need in regard to this Victorian Government initiative.
Summary
Landlords who provide rent relief between 28 July 2021 and 15 January 2022, to their eligible tenant under the Commercial Tenancy Relief Scheme, are eligible for a 2021 land tax reduction of 25% for the relevant property.
These landlords can defer paying the remainder of their 2021 land tax assessment (and any 2020 land tax previously deferred under the 2020 relief measures) until or before, 31 May 2022. They can also have returned to them any amounts of their 2021 land tax liability that they have already paid. However, they must pay their 2021 land tax liability (as reduced by this relief measure) by 31 May 2022.
- Land tax reduction and deferral (28 July 2021 to 15 January 2022) for landlords of commercial tenancies, including properties that have multiple commercial tenancies, and commercial owner-occupiers.
- Vacant residential land tax waiver for 2021. You must have made a notification in the State Revenue Office portal by 15 January 2021.
To determine your eligibility please click here.
State Revenue Office - Victoria