Revenue NSW

Land Tax – Build to Rent

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The NSW Government is introducing a land tax discount for new build-to-rent housing projects until 2040 and a new Housing Diversity SEPP to provide more housing options, greater surety for renters, boost construction and support jobs during the COVID-19 recovery. The Treasurer has now released the guidelines for the land tax reduction… Read More »Land Tax – Build to Rent

NSW State budget 2020-2021

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The New South Wales (NSW) Treasurer, The Hon. Dominic Perrottet MP, announced the following tax initiatives as part of the 2020 State Budget. Budget papers are now available. Payroll tax The Payroll Tax Act 2007 will be amended to provide a temporary reduction of the payroll tax rate used to calculate the payroll tax imposed on taxable wages. Under that Act, the… Read More »NSW State budget 2020-2021