The State Tax Laws Amendment (Budget and Other Measures) Bill 2013 (Vic) was introduced into the Victorian Legislative Assembly on 7 May 2013. It contains amendments to the Congestion Levy Act 2005 (Vic) to expand the levy to short-stay car spaces and to increase the levy rate as announced in the Victorian Budget 2013-14.
It also contains a number of other amendments, including changes to the:
- Payroll Tax Act 2007(Vic) in relation to payments made to the contractor and owner-driver provisions;
- Duties Act 2000 (Vic) in relation to eligible first home buyers, young farmers, the land-holder provisions and motor vehicle duty; and
- First Home Owner Grant Act 2000 (Vic) to increase the residence requirement from 6 to 12 months, to restrict eligibility for the first home owner grant (FHOG) to buyers of new homes, and to increase the amount of the FHOG for buyers of new homes to id=”mce_marker”0,000.
[LTN 87, 9/5/13]