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Australia: Land tax relief in New South Wales and other states (COVID-19)

Australia: Land tax relief in New South Wales

New South Wales landlords providing rent relief for eligible tenants in financial distress due to the coronavirus (COVID- 9) pandemic can apply for land tax concessions.

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According to an announcement by the New South Wales government, eligible landlords can apply for a land tax concession of up to 25% of their 2020 land tax liability on relevant properties, provided the savings are passed on to tenants.

Similar measures are available in Western Australia, South Australia, and Victoria. Read TaxNewsFlash

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