The State Tax Laws Amendment (Budget and Other Measures) Bill 2013 (Vic) has passed the Victorian Legislative Assembly without amendment and has moved to the Legislative Council.
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 113, 14/6/13]