1 - 011B, 670 Chapel St South Yarra VIC. 3141

50 new & increased taxes and counting

Since November 2014, the Andrews Labor Government has now imposed 43 new or increased taxes and charges including:

  1. A new stamp duty on property transfers between spouses (2017-18)
  2. An increased stamp duty on new cars (2017-18)
  3. A new stamp duty on off-the-plan purchasers (2017-18)
  4. A new so-called ‘vacant home’ tax (2017-18)
  5. Widening of vacant residential land tax to uninhabitable properties (2019-20)
  6. Retrospective increase in insurance duty for overseas-based insurers (2019-20)
  7. A new annual property valuation to increase land tax
  8. Cladding rectification tax (2019/20)
  9. Environment Mitigation Levy
  10. Increased luxury car tax (2019-20)
  11. Increased land tax for homes with contiguous blocks on a separate title (2019-20)
  12. Increased Fire Services Property Levy (2015-16)
  13. Increased Fire Services Property Levy (2019-20)
  14. A new point of consumption gambling tax
  15. A tripling of brown coal royalties (2016-17)
  16. Gold mining royalties (2019-20)
  17. A new tax on Uber and taxi fares. (2016-17 Update)
  18. A new corporate restructure duty (2019-20)
  19. Increased foreign stamp duty (2019-20)
  20. Increased foreign stamp duty (2016-17)
  21. Introduced foreign stamp duty 2015-16)
  22. Increased absentee landowner surcharge for foreigner property (2019-20)
  23. Increased absentee landowner surcharge for foreigner property (2016-17)
  24. Increased absentee landowner surcharge for foreigner property (2015-16))
  25. A new city access tax for West Gate Tunnel
  26. A new ‘on-dock rail’ charge on imported shipping containers
  27. Increase to the Municipal and Industrial Landfill Levy (‘bin tax’)
  28. Road Occupation Charge on construction companies
  29. Number plate tax
  30. Electric Vehicle tax
  31. A new affordable housing tax (windfall gain tax on rezoned land)
  32. Increased land tax on taxable landholdings above $1.8 million
  33. Increased stamp duty on property transactions
  34. Expanded point of consumption tax on gambling to keno
  35. 10 per cent increase to Victorian Government penalty units
  36. Expanded land tax on gender-exclusive clubs
  37. Mental health payroll tax surcharge
  38. Increased wagering and betting tax (2021-2022)
  39. Increased Fire Services Property Levy (2021-22)
  40. 50 per cent increase to Births, Deaths and Marriages fees
  41. Proposed levy on employers to fund 5 days sick leave for casual employees – initially a government-funded trial to be followed up with a new tax after 2 years
  42. Narrowing the Land Tax exemption for charitable institutions by harshly insisting that charitable institutions “exclusively” use their land for charitable purposes, otherwise triggering a full Land Tax charge on the entire landholding.
  43. Increase to the WorkCover average premium rate
  44.  Increased payroll tax on businesses (Jobs Tax)
  45. Increased land tax on landholdings above $300,000
  46. Land tax on landholdings between $50,000 to $300,000 (Rent Tax)
  47. Increased absentee landowner surcharge
  48. Increased wagering and betting tax (2023-24)
  49. Payroll tax on independent schools (Schools Tax)
  50. Holiday & tourism tax