Vacancy Fee Return For Foreign Owners
What is Vacancy Fee A vacancy fee is intended as a financial incentive for foreign owners to make their residential dwelling in Australia available for rent. This will increase available housing in Australia. By making your dwelling available for rent, you may not need to pay the fee. You may need to pay a vacancy […]
Absentee Owner Surcharge
If you own property in Victoria, you may have to pay land tax. From the 2024 land tax year, an absentee owner surcharge of 4% applies to Victorian land owned by an absentee owner. The surcharge was 2% for the 2020 to 2023 land tax years, 1.5% for the 2017 to 2019 land tax years, and […]
