Land tax relief for residential landlords extended to 2021

Published on 04 September 2020

The Victorian Government has announced further land tax relief , in response to the coronavirus pandemic, for residential landlords who provide their tenants with rent reductions in 2021.

Residential landlords who provide tenants impacted by coronavirus with rent relief consistent with the principles of the Support to Landlords and Tenants package may be eligible for a 25% reduction on the property’s 2021 land tax (exclusive of any absentee owner surcharge). 

Eligible landlords can also defer the remainder of their 2021 land tax assessment until, or before, 30 November 2021 – and will also have the option of deferring the remainder of their 2020 land tax until that time. 

This continues the 25% land tax relief, announced on 15 April 2020, which has been available to residential landlords in relation to their 2020 land tax. 

Eligible residential arrangements include tenancy agreements, specialist disability accommodation agreements and site agreements. Most holiday accommodation, such as hotels, motels, and bed and breakfasts, as well as rooms in rooming houses, are not rented under eligible residential arrangements, and are therefore not eligible for this land tax relief.