Land tax relief has been announced for the period from 1 July 2021 to 31 December 2021. The relief will be a reduction in the 2021 tax payable on the parcel of land where rent relief has been given to the tenant who occupies that land.

Eligibility

To be eligible for relief on your 2021 land tax, you’ll need to: 

• be leasing property on your parcel of land to: 

a commercial tenant who has: 

• an annual turnover of up to $50 million, and is eligible for the:
• Micro-business COVID-19 Support Grant
• 2021 COVID-19 NSW Business Grant and/or
• JobSaver scheme, or
• a residential tenant who has lost 25% or more of household income due to COVID-19.  
• have reduced the rent of the affected tenant for any period between 1 July 2021 and 31 December 2021
• have provided the rent reduction without any requirement for it to be paid back at a later date

For more details: Apply for COVID-19 land tax relief | Service NSW

Source: Service NSW