Statutory notifications for the Vacant Residential Land Tax and the Absentee Owner Surcharge are due 15 January 2025.

VICTORIAN VACANT RESIDENTIAL LAND TAX

You must notify the Victorian State Revenue Office if you own a residential property in Victoria that was vacant for more than six months in 2024. A residential property is deemed to be vacant if it is not the principal place of residence of the owner or a permitted occupant or used by a natural person under a lease or short-term letting arrangement. A residential property that has been uninhabitable, under construction or renovation for more than 2 years (as at 31 December 2024)  can also be considered vacant. Various qualifications and exemptions apply, including holiday homes occupied for more than 4 weeks. Holiday home owners will need to apply for an exemption on the Notification Portal. If you made a notification in a previous year, you only need to make a new notification if your circumstances have changed. To access the Victorian State Revenue Office Notification Portal go to sro.vic.gov.au/vacantportal.

VICTORIAN ABSENTEE OWNER SURCHARGE

An absentee (foreign) owner surcharge applies to Victorian land owned by an absentee individual, corporation, or trust. If you are an absentee owner, you must notify the Victorian State Revenue Office via the Absentee Owner Notification Portal.

NOTIFICATIONS DUE 15 JANUARY 2025

Notifications for vacant residential land tax and the absentee owner surcharge are due by 15 January 2025

If you require any assistance with your land tax notifications, please contact Simon Aitken on 03 9286 8148.