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The Victorian Government has released instructions on how landlords can claim land tax relief – visit the SRO website here.
Landlords can lodge a claim where they have provided rent relief to tenants impacted by CVOID-19, or where they have been unable to secure a tenant because of the pandemic.
If the landlord's claim is successful, they should be eligible for a 25% reduction on the property's 2020 land tax.
Also, we note that landlords can also defer payment of their remaining 2020 land tax up to 31 March 2021.
We refer to our Alert dated 27th April 2020, Victorian Land Tax - Frequently Asked Questions.
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