We continued to administer the Victorian Government’s tax relief measures for people and businesses affected by bushfires.
Businesses, families, and individuals whose properties were destroyed or substantially damaged by bushfires received ex-gratia relief for their 2020 land tax assessments.
From 1 July 2020 to 30 June 2021:
- $570,518 in stamp duty relief was provided to those purchasing replacement homes for those destroyed in the bushfires, with a four-year period in which people can claim this relief.
- A 50% concession on the purchase of regional, commercial or industrial property in certain bushfire-affected local government and alpine resort areas applied to contracts of sale signed on or after 27 January 2020; to date, eligible buyers have received $3,448,080 in stamp duty relief was provided.
$2,471,606 in bushfire payroll tax relief was provided to regional employers.