NSW Government releases land tax build-to-rent guidelines

Although the guidelines have been released, as discussed by Jenny Lee and Jane Crisp, there are a number of areas where further material will need to be provided.

New South Wales Treasurer and Minister for Planning Dominic Perrottet released guidelines on 12 February which the Chief Commissioner will have regard to in determining whether a building is an eligible build-to-rent (BTR) development for the purposes of the land tax concession. The release of the guidelines is welcomed as the specific requirements for the land tax concession are now outlined in more detail. However, there are a number of areas where further guidance material will need to b...

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Authors: Jenny Lee, Jane Crisp

Published Date: 15 February 2021