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This may be available to commercial and residential land owners. The 25% discount applies per property. There are certain criteria to be met by both a landlord and a tenant including a requirement to have provided rent relief of at least 25% to an affected tenant.
To access the discount, an application is required as well as ability to demonstrate how eligibility criteria have been met.
This may be available to landowners who hold at least one non-residential property. If eligible they may be able to defer the land tax payment till after 1 January 2021.
No action is required by the landowner - the State Revenue Office (SRO) will contact all eligible taxpayers.
For more information on the Land Tax Payment Deferral and how to apply for the discount please click here.
Businesses with annual Victorian taxable wages up to $3 million will have their payroll tax for the 2019-20 financial year waived. The SRO will contact eligible businesses directly to reimburse any tax already paid. Eligible businesses must continue to lodge returns but do not need to make further payments for this financial year.
The following support is available under this scheme:
More information is available here.
DPM delivers financial peace of mind through a broad range of medical financial services working together as a fully integrated solution.