In this second installment of this series, tax expert and Senior Associate Rosalind Li break down key exemptions to Victoria's Vacant Residential Land Tax (VRLT). Discover who qualifies, from holiday home owners to property developers, and what counts as a genuine holiday use.
Learn how renovations, property conversions, and workplace usage can help you avoid thousands in tax. Perfect for property owners, investors, and legal professionals navigating the new state-wide VRLT rules in 2024.
Read everything you need to know about the changes in Vacant Residential Land Tax from 1 January 2025 in our blog: https://www.velocitylegal.com.au/blog/reminder---vacant-residential-land-tax-in-victoria-will-be-expanding-from-1-january-2025
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