2023-24 State Budget measures (updated 31 May 2023)
1. Duty exemption for electric and hydrogen fuel-cell vehicles - the vehicle is new and the contract
to purchase the vehicle was entered into prior to 25 May 2023
Duty exemption to be extended to 31 December 2023. (Subject to the passage of legislation and Royal Assent).
2. First Home Owner Grant
The $30 000 Grant to be extended to 30 June 2024. (Subject to the passage of legislation and Royal Assent).
3. Land Tax exemption for a new home used for long term rental
Extended to 30 June 2024. (Gazetted 31 May 2023).
4. Land Tax exemption for short term visitor accommodation converted to long term rental
Extended to 30 June 2024. (Gazetted 31 May 2023).
5. Property Transfer Duty concession for first home buyers of established homes
Extended to 30 June 2024. (Gazetted 31 May 2023).
6. Property Transfer Duty concession for pensioners downsizing to a new home
Extended to 30 June 2024. (Gazetted 31 May 2023).
Subscribe to the SRO email service to receive updates when they become available.
Property owners and buyers
Buying, selling and owning property in Tasmania, foreign investors, land tax, property transfer duty, and first home owner incentives.
Employers
Payroll tax obligations, registering for payroll tax and concessions and exemptions.
Insurers
General insurance duty and life insurance duty.
Motor Vehicle buyers and sellers
Duty on changing ownership of a motor vehicle and duty exemptions.
Concessions
Concessions, exemptions and rebates for duties, land tax, payroll tax, electricity concesssions and pensioner rates remission.
Resources
Online forms, calculators, Tasmanian Revenue Online, making payments, revenue rulings, legislation and more.