📘 Land Tax Assessment Amendment (Residential Construction Exemptions) Act 2024
009 of 2024Assented 26 March 2024
This Act amends the Land Tax Assessment Act 2002 to provide land tax exemptions for new homes or refurbishments, encouraging residential construction.
Impact
Homeowners and property developers who commenced construction or refurbishment between July 2020 and June 2023 may be eligible for land tax exemptions. This aims to stimulate the housing market.
Sectors
constructionhousingfinance
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