Land Tax: Change in Relief Circumstances

NSW landowners that applied for Covid-19 land tax relief must amend their application by 30 April 2022 if their circumstances change following rent negotiations.

Guidance for Covid-19 land tax relief has been updated to clarify that a landowner must notify Revenue NSW where circumstances change as a result of rent negotiations after an application for relief has been submitted. Landowners can notify Revenue NSW by uploading relevant documents or correspondence through Land Tax Online.

Land tax relief for the 2020 and 2021 land tax years was available to eligible landowners that provided a rent reduction to a tenant experiencing financial distress due to Covid-19. Applications for Covid-19 land tax relief have now been closed.

The information contained on this website and in this article is general in nature and does not take into account your personal situation. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from a financial adviser. Taxation, legal and other matters referred to on this website and in this article are of a general nature only and are based on our interpretation of laws existing at the time and should not be relied upon in place of appropriate professional advice. Those laws may change from time to time.

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