News in brief…22 October 2024

Victoria introduces off-the-plan stamp duty concession; ATO Commissioner outlines current GST complexities in National GST Conference address; Gazette notice on government payments data collection from government entities registered

Victoria introduces off-the-plan stamp duty concession The Victorian Government has announced a new temporary off-the-plan land transfer stamp duty concession that applies from 21 October 2024, for 12 months. Currently the state’s off-the-plan stamp duty concession is only available for first home buyers and owner-occupiers buying off-the-plan for properties under the thresholds of $750,000 and $550,000 respectively. According to the State Government, the new temporary concession int...

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Published Date: 22 October 2024