The State Taxation Acts Amendment Act 2025 (the Act) received Royal Assent on 24 June 2025.
The Act implements a 2025–26 Victorian Budget measure and makes various changes to taxation laws including:
Extension of the temporary off-the-plan duty concession
Family violence tax relief measures
Build-to-Rent (BTR) provisions
Changes to the Commercial and Industrial Property Tax Reform (CIPT)
Expanded land tax exemptions for the homes of deceased owners or owners in assisted living
Payroll tax revised definition of ‘regional employee’ and more
Taxation Administration Act new 50% penalty tax rate for taxpayer recklessness
Unclaimed Money Act 2008 new powers for Registrar to recover unclaimed money
Trust for Nature expansion of the Vacant Land Conservation Covenant Account (VLCCA) criteria
