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Victoria budget – XtremeCuztoms

Category: Victoria budget

Rest of Australia to Help Pay for Victorian Government’s Debt Disaster

May 25, 2023
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Australians outside of Victoria will be footing some of the state’s ballooning debt with Premier Daniel Andrews advising property investors and business owners to use his new taxes in their tax deduction claims to the federal government. “Any land tax is fully tax-deductible depending on the way in which they have their affairs arranged,” he…

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Victoria to launch Stamp Duty Reform To Boost Business, Industry and Jobs

May 23, 2023
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A key reform announced in today’s Victorian Budget 2023/24 is to replace the old stamp duty system for commercial and industrial properties with an annual property tax to boost business growth and create jobs. According to the Economic Growth Package announced today by the treasurer, the existing lump-sum stamp duty structure for commercial and industrial…

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