How much is VRLT? ... This annual tax is set at 1% of the CIV of taxable land. For example, if a vacant home has a CIV of $500,000, VRLT will be $5,000. What ... Exemptions from vacant... · Understanding your vacant... · Notify us online · Owner

From 1 January 2018, vacant residential land tax (VRLT), an annual tax, is set at 1% of the capital improved value (CIV) of taxable land.

From 1 January 2025, a progressive rate of Vacant Residential Land Tax (VRLT) will apply to non-exempt vacant residential land across all of Victoria. VRLT is ...

The Vacant Residential Land Tax (VRLT) currently applies to residential properties and holiday homes left idle or empty for more than six months that have not ...

3 дня назад · The current tax rate is 1% of the property's Capital Improved Value (CIV) – the total value of land and improvements, such as buildings, which ...

9 февр. 2024 г. · Changes to the Victorian vacant residential land tax (VRLT) will take effect from 1 January 2025 and 1 January 2026.

12 нояб. 2024 г. · The Victorian Government's Vacant Residential Land Tax (VRLT) is expanding statewide from 1 January 2025, now reaching all of Victoria.

16 февр. 2024 г. · Where VRLT is payable in respect of a first year of 'vacancy', it will be imposed at a rate of 1% of the land's CIV. An important recent ...

28 авг. 2024 г. · The current Vacant Residential Land Tax applies to residential properties left empty for more than six months and have not undergone significant ...

Vacant residential land tax is a state-based tax which will affect you if you own residential property located within 16 specific council areas in Victoria.