COVID-19 (Coronavirus) and Land Tax NSW


Land tax relief for commercial landlords to help them manage their rental properties during the COVID-19 outbreak.

Open
Close date: 31 Jan 2022.

What do you get?

Reduction of up to 100% of the land tax payable on a parcel of land in the 2021 land tax year.

Who is this for?

New South Wales commercial landlords.

Overview

Commercial or residential landowners who have reduced their tenant's rent due to COVID-19 between 1 July 2021 and 31 December 2021 may be eligible to land tax relief.

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.

The land tax reduction will be the lesser of:

  • the amount of rent reduction provided to an eligible tenant for any period between 1 July 2021 and 31 December 2021, or
  • 100% of the land tax attributable to the parcel of land leased to that tenant.

What are the eligibility criteria?

To be eligible, you must: 

  • be leasing property on your parcel of land to: 
  • 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
  • have a 2021 land tax liability attributable to the parcel of land where the rent reduction has been given.

How do you apply?

You can find out more about eligibility and how to apply at COVID-19 (Coronavirus) and Land Tax.

Contact information