Vacant Residential Land Tax (VRLT) – Update
What is vacant residential land tax (VRLT) The Victorian Government introduced VRLT from 1 January 2018 to help address the lack of housing supply in Victoria. VRLT is assessed by calendar year (1 January to 31 December) and the owner of the property is liable for it. VRLT is different to land tax, the absentee owner surcharge and […]
