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STATE TAXATION ACTS AMENDMENT ACT 2023 (NO. 18 OF 2023)


TABLE OF PROVISIONS

   PART 1--PRELIMINARY

   1.      Purposes  
   2.      Commencement  

   PART 2--AMENDMENT OF DUTIES ACT 2000

           Division 1--Corporate collective investment vehicles

   3.      Definitions  
   4.      New section 3J inserted  
   5.      New Part 3A of Chapter 11 inserted  
   6.      New section 32XJ inserted  
   7.      Special disability trusts  
   8.      New sections 38AB to 38AF inserted  
   9.      New Division 4B of Part 5 of Chapter 2 inserted  

           Division 3--Pensioner and concession card duty reduction

   10.     Definitions  
   11.     What is the consideration for the transfer of dutiable property?  
   12.     Exemption or concession for new homes in City of Melbourne  
   13.     Heading to Division 5 of Part 5 of Chapter 2 amended  
   14.     New section 58AA inserted  
   15.     Section 58 amended  
   16.     Sections 59 and 60 substituted and new sections 60AA to 60AAE inserted  
   17.     Section 60A amended  
   18.     Eligible mortgages under concession schemes  
   19.     Transitional provisions  

           Division 4--Insurance duty

   20.     Definitions  
   21.     Section 179 substituted  

           Division 5--Statute law revision

   22.     Statute law revision amendments  

   PART 3--AMENDMENT OF FIRE SERVICES PROPERTY LEVY ACT 2012

   23.     Refund of amounts overpaid  
   24.     Cancellation of assessment of liability to pay levy amount made in error  

   PART 4--AMENDMENT OF LAND TAX ACT 2005

           Division 1--Corporate collective investment vehicles

   25.     Definitions  
   26.     New section 3G inserted  

           Division 2--Land tax rates

   27.     Land tax surcharge for absentee trusts  
   28.     Land tax for absentee fixed trust if beneficial interests notified to Commissioner  
   29.     Land tax for absentee unit trust scheme if unitholdings notified to Commissioner  
   30.     Land tax for beneficiary/trustees  
   31.     Land tax for PPR land if nominated PPR beneficiary  
   32.     Land tax surcharge for related absentee corporations  
   33.     BTR benefit—exemption from absentee owner land tax surcharge for eligible land  
   34.     Clause 1.5 of Part 1 of Schedule 1 amended  
   35.     New clause 1.6 of Part 1 of Schedule 1 inserted  
   36.     Clause 3.5 of Part 3 of Schedule 1 amended  
   37.     New clause 3.6 of Part 3 of Schedule 1 inserted  
   38.     Clause 4.4 of Part 4 of Schedule 1 amended  
   39.     New clauses 4.5 and 4.6 of Part 4 of Schedule 1 inserted  
   40.     Clause 5.4 of Part 5 of Schedule 1 amended  
   41.     New clauses 5.5 and 5.6 of Part 5 of Schedule 1 inserted  

           Division 3--Principal place of residence exemption for person with a disability (qualifying)

   42.     Definitions  
   43.     New section 53B inserted  
   44.     Principal place of residence exemption  
   45.     Deferral of tax on certain residential land for 6 months  
   46.     Deferral of tax for residential land to be used during tax year  
   47.     Absence from principal place of residence  
   48.     Exemption continues on death of resident  
   49.     Exemption continues if land becomes unfit for occupation  
   50.     Sale of old principal residence  
   51.     Partial exemption if land used for business activities  

           Division 4--Construction and renovation of principal place of residence

   52.     Unoccupied land subsequently used as principal place of residence  
   53.     New section 61I inserted  

           Division 5--Conservation covenants

   54.     New section 86A inserted  

           Division 6--Statute law revision

   55.     Statute law revision amendments  

   PART 5--AMENDMENT OF PAYROLL TAX ACT 2007

           Division 1--Corporate collective investment vehicles

   56.     Definitions  
   57.     New Part 1A of Schedule 2 inserted  

           Division 2--Payroll tax liability

   58.     Definitions—Schedule 1  

           Division 3--COVID-19 debt temporary payroll tax surcharge

   59.     Definitions—Schedule 1  
   60.     New clause 1B of Schedule 1 inserted  
   61.     Payroll of employer over threshold  
   62.     Payroll of group over threshold where section 87(2) approval in force—employers covered by joint return are all of the same type  
   63.     Payroll of group over threshold where section 87(2) approval in force—employers covered by joint return are not all of the same type  
   64.     Payroll of group over threshold—where no section 87(2) approval in force  
   65.     Calculation of payroll tax  
   66.     Definitions—Schedule 2  
   67.     New clause 1B of Schedule 2 inserted  
   68.     Amount of payroll tax to be paid each month  
   69.     Monthly payroll tax payable where section 87(2) approval in force—employers covered by joint return are all of the same type  
   70.     Monthly payroll tax payable where section 87(2) approval in force—employers covered by joint return are not all of the same type  
   71.     Monthly payroll tax payable where no section 87(2) approval in force  
   72.     Amount of payroll tax to be paid each month  

           Division 4--Payroll tax thresholds and deductions

   73.     Registration  
   74.     Definitions—Schedule 1  
   75.     Payroll of employer over threshold  
   76.     Clause 7A of Schedule 1 substituted  
   77.     Definitions—Schedule 2  
   78.     Deductible amount for employer who does not pay interstate wages  
   79.     Deductible amount for employer who pays interstate wages  
   80.     Deductible amount for groups that do not pay interstate wages  
   81.     Deductible amount for groups that pay interstate wages  

           Division 5--Declared schools

   82.     Schools and school councils  

           Division 6--Statute law revision

   83.     Statute law revision amendment  

   PART 6--AMENDMENT OF PLANNING AND ENVIRONMENT ACT 1987

           Division 1--Plans of subdivision for which statement of compliance not required

   84.     Definitions—Part 9B  
   85.     GAIC events  
   86.     Excluded events  
   87.     What is a sub‑sale of dutiable property?  
   88.     New section 201RJ inserted  
           --Divisions 2 and 3 (except sections 201SE, 201SF, 201SL, 201SPAA and 201SR) apply, with any necessary modifications, in relation to the certification of a non‑SOC plan of subdivision as if any reference to the issue of a statement of compliance relating to a plan of subdivision were a reference to the certification of a non‑SOC plan of subdivision.".
   89.     Time of occurrence of GAIC event  
   90.     Persons liable to pay GAIC  
   91.     When and to whom the GAIC is payable  
   92.     Time for payment of apportioned and deferred GAIC on public purpose land subdivision  
   93.     Certificate of no GAIC liability  
   94.     Notice to Registrar regarding registration of subdivision or transfer of land  
   95.     Exemption from paying GAIC if duties exemption would apply  

           Division 2--Abolition of Growth Areas Infrastructure Contribution Hardship Relief Board

   96.     When and to whom the GAIC is payable  
   97.     Liability to pay deferred GAIC in relation to subsequent dutiable transactions  
   98.     Subdivision 1 of Division 3 of Part 9B repealed  
   99.     Heading to Subdivision 2 of Division 3 of Part 9B amended  
   100.    Section 201TE amended  
   101.    Subdivision 4 of Division 3 of Part 9B repealed  

           Division 3--Apportionment of growth areas infrastructure contribution

   102.    Apportionment of GAIC on issue of statement of compliance  
   103.    Apportionment of GAIC on issue of statement of compliance  

           Division 4--Transitional provisions

   104.    New section 229 inserted  

   PART 7--AMENDMENT OF SUBDIVISION ACT 1988

   105.    When can the Registrar register a plan?  
   106.    What is the effect of registration?  
   107.    Acquisition of land by acquiring authority  

   PART 8--AMENDMENT OF TAXATION ADMINISTRATION ACT 1997

   108.    Objection  

   PART 9--AMENDMENT OF VALUATION OF LAND ACT 1960

   109.    Who may object?  
   110.    Determination of objection  

   PART 10--REPEAL OF THIS ACT

   111.    Repeal of this Act  
           ENDNOTES


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