- Chartered Accountants & Business Advisors
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Insights & News

 

Insights & News Blog

This is our monthly blog containing insightful information on the latest tax, business, accounting and finance issues. Browse the sequential list of posts below, use the search function to find specific content and subscribe to have future posts emailed directly to you.

 

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Further 2021 coronavirus land tax relief


Applications are open 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.

You must apply for this 2021 relief separately from other relief measures.

Single commercial tenancy and owner-occupiers

Eligible landlords with a single commercial tenancy and commercial owner-occupiers can apply through My Land Tax to receive a land tax reduction of 25%, and a deferral of their remaining land tax until 31 May 2022.

Applications close 30 April 2022.

Multiple commercial tenancies

Eligible landlords with multiple commercial tenancies can apply through the SRO’s SmartForm to receive a land tax reduction of up to 25%, and a deferral of their remaining land tax until 31 May 2022.

Applications close 30 April 2022.

For further information with respect to 2021 coronavirus land tax relief, please click here.

Let’s Talk

Should you have any queries in relation to eligibility for land tax relief, please contact us on + 61 3 9527 5041.