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The Vacant Residential Property tax

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Running Time: 8:27

Date: 01/01/2025

The Victorian government is setting a new tax precedent that's likely to be replicated nation-wide.

It's drastically expanded the Vacant Residential Land Tax, in the hope of addressing the state's critical housing shortage. And it's already having an impact, changing behaviours and driving down prices. Michael Jones, Partner at Forvis Mazars, is on the front line of these changes, and can explain the nuances and potential traps of the new system. And he can also offer some helpful compliance tips.

  

Topics: Accounting & Tax, Financial Management, Investment, Legal


Michael Jones, Forvis Mazars