Australia: Tax measures in 2021-2022 budget (Western Australia)

No significant changes to the state’s tax regime

No significant changes to the state’s tax regime

The Western Australia budget for 2021-2022 includes property tax proposals but no significant changes to the state’s tax regime.

The existing off-the-plan transfer duty rebate for multi-story developments would be extended at 50% for a further two years to October 2023.

The government proposes to continue to exempt homeowners from land tax who had their properties destroyed by the Wooroloo bushfire and the “Cyclone Seroja” disasters until 2023. This would exempt homeowners from land tax even if they were not able to sign a building contract by 30 June 2021.
 

Read a September 2021 report [PDF 350 KB] prepared by the KPMG member firm in Australia

 

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