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Published on 27 June 2023

The State Taxation Acts Amendment Act 2023 received Royal Assent on 27 June 2023.

The Act introduces measures announced in the 2023–24 Victorian Budget, including:

  • a new duty exemption for a transfer of land from an immediate family member to a person with a disability
  • an increase to the property value thresholds for pensioner and concession cardholder duty exemption and concession 
  • a temporary land tax surcharge from the 2024 land tax year
  • an increase to the absentee owner surcharge rate from 2% to 4%
  • a temporary payroll tax surcharge to employers who pay Australia wide wages of $10 million or more

The Act also makes amendments to various state taxation acts.

Find out more about all the upcoming changes.


Last modified: 23 May 2024
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