Have you gotten your land tax bill?

This year's land tax bill will be a shock for many Victorians. If you haven't received yours yet expect it soon and if you have received it you know what we mean.

This year's Land Tax bill issued by the State Revenue Office includes the 'COVID Debt Repayment Plan' which was implement by the Victorian State Government and essentially includes a flat surcharge of $975 for land holdings of $100k or more plus a 0.1% increase in the rate of tax.

The actual rates can be found on the State Revenue Office of Victoria's website below;

Land tax current rates | State Revenue Office (sro.vic.gov.au)