News

We have published revised ruling LTA-006v2, which provides guidance on what constitutes the preparation of land for the purposes of primary production land tax exemption.

On 8 August 2024, the Court of Appeal handed down its decision in Oliver Hume Property Funds (Broad Gully Rd) Diamond Creek Pty Ltd v Commissioner of State Revenue [2024] VSCA 175.

We’re expanding our series of statewide property tax education sessions, with new seminars scheduled in the Mornington Peninsula (Tuesday 29 October) and Melbourne (Wednesday 30 October). 

You are invited to join us at our property taxes education roadshow throughout Victoria this September and October.

You are invited to provide feedback on draft Revenue Ruling LTA-006v2 – Land being prepared for primary production.

We have published draft Revenue Ruling DA-068, which provides guidance on the abolition of duty on business insurance.

The start of a new financial year means updates to some fees, thresholds, levies and rates.

We have published guidance on navigating payroll tax for those in the medical industry. 

In November 2020, the Victorian Government announced eligible employers were entitled to a waiver of their 2020–21 and 2021–22 payroll tax after applying the New Jobs payroll tax credit against their liability for each of the financial years. 

We have published Revenue Ruling PTA-037v2 to replace PTA-037 which clarifies that paid parental leave payments paid by employers under the Commonwealth Government's Paid Parental Leave Scheme (PPL Scheme) do not constitute wages and are therefore not liable for payroll tax.