Land Tax for Trusts in Victoria

Unravel the complex land tax rules that apply to trusts in the state of Victoria, including surcharge rates that might apply.

In this session, we cover:

• Overview of land tax in Victoria

• Trust surcharge rates – what and why?

• General rates vs Trust specific rates comparison

• Preliminary points

  • Notice of trust acquisition

  • Penalties and interest

  • Exclusions

• Types of trusts

  • Fixed trusts

  • Excluded trusts

  • Discretionary trusts

  • Unit trust scheme

  • Administration trusts

• Discretionary trusts

  • Trust surcharge rates – Pre and Post 2006 land

  • Primary Place of Residence (PPR) beneficiary nomination

• Unit trusts

  • Primary Place of Residence (PPR) beneficiary nomination

  • Notification of unit holders

• Fixed trusts

  • Notification of beneficial interests

  • Primary Place of Residence (PPR) exemption

Date recorded: 2 June 2025