Further land tax relief for landlords and business owners

Published on 20 August 2020

The Victorian Government has announced further land tax relief for landlords, in response to the coronavirus (COVID-19) pandemic, as part of its extension of the commercial and residential tenancy relief schemes until 31 December 2020.

• An increased 50% waiver of the property’s 2020 land tax and deferral to 31 March 2021 for landlords of residential and commercial properties who provide eligible tenants with a 50% or more outright rent waiver for at least three months.
• Owner-occupiers of commercial properties can obtain a 25% waiver of the property’s 2020 land tax, and payment of the remaining tax can be deferred to 31 March 2021, if they would be eligible under the Commercial Tenancy Relief Scheme as if they were a tenant.

Commercial landlords who apply for coronavirus land tax relief must continue to provide rent relief that complies with the requirements of the Commercial Tenancy Relief Scheme.

If you have previously applied for a 25% waiver and you want to apply for this further relief, you must make a new application. However, applications are temporarily suspended while we update My Land Tax with the additional relief measures. This will ensure a simpler application process for you.

In the meantime, if you haven't yet, register for My Land Tax and subscribe to land tax updates and we will notify you when you can lodge your application.