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Land tax relief scheme extended

Tuesday, 8 September 2020

The state government's land tax relief scheme will be significantly expanded and extended by six months, to the end of April next year.

The scheme supports landlords to provide significant rent reductions for their residential and commercial SME tenants impacted by COVID-19 restrictions.

Eligible landlords can now receive up to a 50% reduction on their 2019-20 land tax liability on affected properties (up from 25%), provided they pass on the full benefit in land tax relief to their impacted tenants.

Read the media release and learn more about the land tax relief scheme.
 

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