Newly built homes may also be exempt from the additional vacant land tax for up to two years from the date a building permit for construction or renovation was ...

From 1 January 2025, the 2-year exemption is extended to allow a maximum exemption period of 3 years, provided the owner has made genuine and reasonable efforts ...

Vacant residential land tax (VRLT) may apply to residential land that is vacant for more than 6 months in the preceding calendar year. Exemptions from vacant... · Pay your vacant residential... · Notify us online · Owner

If you own a residential property, including a holiday home, you could be subject to vacant residential land tax, unless you apply for an exemption.

17 мая 2024 г. · From 1 January 2025, owners of residential property in Victoria that are vacant for more than six months in the previous calendar year are liable for the VRLT ...

19 апр. 2024 г. · An exemption may apply where residential land is used and occupied as a holiday home for at least 4 weeks of the year.

28 мая 2024 г. · If your VIC residential property has been vacant for 6 months over the calendar year, you may be liable for vacant residential land tax.

Owners of residential land across Victoria will be required to self-report to the SRO by 15 January if their property has been vacant during the preceding year.

14 мая 2024 г. · The VRLT is assessed at the current rate of 1% of the capital improved value of the land and is payable to the Victorian State Revenue Office.

23 мая 2024 г. · Starting 1 January 2026, the Amendment Bill proposes to extend the holiday home exemption to include contiguous land adjoining a holiday home.