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General
The Mental Health and Wellbeing Surcharge has commenced
The Mental Health and Wellbeing Surcharge commenced for relevant employers on 1 January 2022.
Legislation
Windfall Gains Tax and State Taxation and Other Acts Further Amendment Act 2021 introduces tax changes

The Windfall Gains Tax and State Taxation and Other Acts Further Amendment Act 2021 has received Royal Assent.

The Act introduces changes to several Acts, and includes revenue and tax relief initiatives announced as part of the 2020-21 and 2021-22 Victorian budgets.

SRO updates
Our Annual Review 2020–21 is now available

Our Annual Review provides an overview of our activity for the year, including our financial statements and key statistics about the revenue we administer.

General
Apply for further 2021 land tax relief

Applications are open through My Land Tax for further 2021 land tax relief for landlords who provide commercial tenants with rent relief between 28 July 2021 and 15 January 2022 and for commercial owner-occupiers.

Rulings
Update to Revenue Ruling DA-055 on landholder duty
We have published Revenue Ruling DA-055v3 – Obligations on making a relevant acquisition and duty calculation.
General
Proposed windfall gains tax

The Victorian Government has made a further announcement about a new windfall gains tax, which was first announced as part of the 2021-22 Victorian Budget.

General
Proposed land tax discount for build-to-rent projects
The Victorian Government has made a further announcement about the build-to-rent initiative, which was first announced as part of the 2021-22 Victorian Budget.
General
Victorian Homebuyer Fund announced

The Victorian Government today announced the $500 million Victorian Homebuyer Fund to support more than 3,000 aspiring homeowners to purchase a residential property in eligible Victorian locations.

General
Late payment interest waiver extended to 31 December 2021
Late payment interest will not be applied on outstanding taxation debts has been extended.
Rulings
New land transfer duty ruling explaining the meaning of land development
Revenue ruling DA-064 has been published following public consultation. 
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