We're a Baker Tilly network member
Learn more
Back to top
Victorian State Budget 2023-24 – Tax Update
Webinar

Victorian State Budget 2023-24 – Tax Update

Our Tax Advisory Partners, Craig Whatman and Irina Tan, and Client Director, Elena Bogomolova, discuss the changes to Victoria’s state taxes that were announced as part of the 2023-24 State Budget, as well as those contained in the State Taxation Acts Amendment Bill 2023 which is currently before Parliament.

Those changes include:

  • The replacement of stamp duty on commercial and industrial properties with an annual property tax
  • As part of the COVID Debt Repayment Plan, the introduction of levies for payroll tax and land tax
  • Amendments to the payroll tax-free threshold and removal of the payroll tax exemption for non-government schools
  • Amendments to the duty, land tax and payroll tax provisions to deal with Corporate Collective Investment Vehicles
  • A new requirement in relation to objections against the valuations used for Windfall Gains Tax assessments

The information presented in this webinar was accurate at the time of recording, 14 June 2023.
This content is general commentary only and does not constitute advice. Before making any decision or taking any action in relation to the content, you should consult your professional advisor. To the maximum extent permitted by law, neither Pitcher Partners or its affiliated entities, nor any of our employees will be liable for any loss, damage, liability or claim whatsoever suffered or incurred arising directly or indirectly out of the use or reliance on the material contained in this content. Pitcher Partners is an association of independent firms. Pitcher Partners is a member of the global network of Baker Tilly International Limited, the members of which are separate and independent legal entities. Liability limited by a scheme approved under professional standards legislation.

Pitcher Partners insights

Get the latest Pitcher Partners updates direct to your inbox

Thank you for you interest

How can we help you?

Business or personal advice
General information
Career information
Media enquiries
Contact expert
Become a member
Specialist query
Please provide as much detail to ensure appropriate allocation of your query
Please highlight a realistic time frame that will enable us to provide advice within a suitable and timely manner. Please note given conflicting demands with our senior personnel, we will endeavour to respond to you within the nominated time frame. If you require an urgent response, please contact us on 03 8610 5477.
CPN Enquiry
Business Radar 2024
Dealmakers 2024
Tax Facts 2024-25
Search by industry