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Windfall Gains Tax

Windfall Gains Tax

Impact for landowners, purchasers, and developers.

The Bill containing the new Windfall Gains Tax and the Build-To-Rent land tax concessions was passed without amendment by the Victorian Parliament, and has now received Royal Assent.

The Windfall Gains Tax will therefore be commencing on 1 July 2023. But what does that mean for you?

Pitcher Partners Melbourne Executive Director Craig Whatman and Tax Advisory Client Director Irina Tan will cover:

  • The mechanics of the new tax and how it will work
  • Watch-outs for landowners, developers and purchasers
  • Planning for the new tax in the lead-up to its commencement date

The information presented in this webinar was accurate at the time of recording, 30 November 2021.
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.
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