Australia: Land tax relief in South Australia, six-month extension (COVID-19)
Australia: Land tax relief in South Australia
The South Australian government today announced a six-month extension of the land tax relief measures provided for residential and commercial landlords affected by restrictions in response to the coronavirus (COVID-19) pandemic restrictions.
The land tax relief is extended until 30 April 2021.
According to a release about the extended program, eligible landlords can receive up to a 50% reduction on their 2019-20 land tax liability on affected properties (up from 25% previously). Landlords must pass on the full benefit of land tax relief to their affected tenants.
The South Australian government also announced a three-month extension of protections for commercial small to medium enterprise tenants affected by COVID-19 restrictions.
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