Windfall gains tax – Victoria
From www.dbalawyers.com.au: Since July 1, 2023, Victoria has implemented a Windfall Gains Tax (WGT) on land that experiences a value increase of over $100,000 … read more
States – Budgets Stamp Duty Land Tax etc
Queensland pauses rollout of Project Trust Accounts
From www.tglaw.com.au: The Queensland Government has paused the rollout of Project Trust Accounts, which were set to be enforced for major construction projects from … read more
Victorian land tax trust provisions
From sladen.com.au: The Victorian Civil and Administrative Tribunal ruled in the case of Caloutas Family Trust v Commissioner of State Revenue that a son … read more
Who is an Influential Person for a Construction Company in Qld?
From stonegatelegal.com.au: An influential person in a Queensland construction company is defined as an individual who can control or substantially influence the company’s operations … read more
Victorian Fire Services levy increase
From www.dbalawyers.com.au: The Victorian Government announced a substantial increase in the Fire Services Property Levy , to be renamed the Emergency Services and Volunteers … read more
Recovering landholder duty from other parties
From sladen.com.au: The Victorian Supreme Court decision in Aviation 3030 Pty Ltd (in liq) v Lao Holdings Pty Ltd clarified that a company can … read more
Victorian property tax increases to hit owners
From www.smsfadviser.com: Victorian property owners, including farmers, businesses, and individuals, will face a significant increase in the Fire Services Property Levy (FSPL), rising between … read more
Planning for land tax in Western Australia
From: RSM Australia: ‘If you own land in WA, you may be required to pay land tax on your property, subject to specific exemptions. … read more
update on Melbourne’s congestion levy – Part 2
From www.dbalawyers.com.au: The Victorian Government announced a significant increase in the congestion levy on off-street car parking spaces in Melbourne, raising the category 1 … read more
Deadlines for Victorian Property Owners in 2025
From pcllawyers.com.au: This information outlines key tax deadlines in 2025 for Victorian property owners, focusing on the Vacant Residential Land Tax (VRLT) and the … read more
Important Tax Deadlines for Victorian Property Owners in 2025
From pcllawyers.com.au: Victorian property owners in 2025 will be subject to various tax implications, including the Vacant Residential Land Tax and the Absentee Owner … read more
Airbnb tax concern for Victorian tourism
The Victorian government has implemented a 7.5% short-stay levy on Airbnb and similar short-term accommodations, effective January 1, 2025, to help address the housing crisis, … read more
Victorian SMSF tax increases
From www.smsfadviser.com: SMSF trustees in Victoria face new tax increases, particularly a significant rise in the congestion levy for commercial property owners.
The levy … read more
NSW Government Bulletin
From www.holdingredlich.com: The NSW government has been criticized for spending more public money on coal promotion than on transitioning away from coal, as revealed … read more
Vacant Residential Land Tax Exemptions
From pointonpartners.com.au: The State Taxation Further Amendment Act 2024 introduces significant changes to the vacant residential land tax (VRLT) exemptions, effective from January 1, … read more