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... · Pay your vacant residential... · Notify us online · Owner

If the property continues to be unused, unoccupied and unsold from 1 January 2025 onwards, the land will be liable for VRLT at the rate of 1% until it is sold.

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 ...

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.

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 ...

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

6 июн. 2024 г. · A Vacant Residential Land Tax (VRLT) on residential properties that have been vacant for six months or more during a calendar year.

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.

23 окт. 2024 г. · The VRLT is a tax on vacant residential properties that from 1 January 2025 will apply to ALL of Victoria.

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 ...