Jenny Thame

2 months ago | mk.com.au | Thomas Abraham |Jenny Thame

Major revisions to the Victorian vacant residential land tax (VRLT) came into effect on 1 January 2025, with further changes to take effect in early 2026. The expansion of the VRLT regime makes it a vital consideration for Victorian landowners and investors moving forward. Vacant residential land tax is levied on taxable residential properties across Victoria which remain unoccupied for an aggregate period exceeding six months in any calendar year.