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Queensland Government have implemented further payroll and land tax relief measures to alleviate the impacts of Coronavirus.

Payroll Tax Relief Measures:

Payroll Tax Refunds

If you are an employer (or part of a group of employers) who pays $6.5 million or less in Australian taxable wages in a financial year, then you can apply for refund of payroll tax for July and August 2020.  These refunds do not have to be repaid.

For information on how to apply for your refund, please refer to their website.

Payroll Tax Deferrals

Queensland Government have announced that Payroll tax payments for the 2020 calendar year can now be deferred for longer.  If you have already been approved to defer payment until 2021, you do not need to reapply for the revised due dates – the new revised due dates will appear in your year-to-year date returns in OSR Online.

The Office of State Revenue state that you should continue to lodge your payroll tax returns – but businesses will just need to ensure they pay their liabilities by the new deferred payment due date to avoid interest.

For more information on what the new deferred payment due dates are please refer to the Business Queensland website.

Coronavirus Land Tax relief

The Queensland State Government have extended their Coronavirus land tax relief measures.  They include:

  • 3-month deferral of land tax liabilities for the 2020-21 assessment year. You don’t need to apply for the deferral – it will be issued 3 months after your previous years assessment.
  • Land tax rebate reducing land tax liabilities by 25% for eligible properties for the 2019-20 & 2020-21 assessment years
  • Wavier of the 2% land tax foreign surcharge for foreign entities for the 2019-20 assessment year

Land tax rebate

You need to apply for the land tax rebate by the due date – the closing date are as follows:

  • For 2019–20, applications close on 31 October 2020.
  • For 2020–21, applications close on 26 February 2021.

The rebate:

  • does not apply to owner-occupied land
  • is only available if you owned an eligible property at midnight on 30 June 2019 and/or 30 June 2020, and were liable for land tax in relation to the property
  • does not need to be repaid if the eligibility conditions are met.

 Eligibility for the rebate

You may be eligible for the land tax rebate if at least one of the following circumstances applies to you.

  • You are a landowner who leases all or part of a property to one or more tenants and all the following apply.
    • The ability of one or more tenants to pay their normal rent is affected by coronavirus (COVID-19).
    • You will provide rent relief to the affected tenant(s) of an amount at least commensurate with the rebate (in addition to any relief provided in relation to a land tax rebate received or to be received for the 2019–20 land tax assessment year).
    • You will comply with the leasing principles even if the relevant lease is not regulated.
  • You are a landowner and all the following apply.
    • All or part of your property is available and marketed for lease.
    • Your ability to secure tenants has been affected by COVID-19.
    • You require relief to meet your financial obligations.
    • You will comply with the leasing principles even if the relevant lease is not regulated.

If you are eligible under both circumstances, it is expected you will apply the rebate firstly to provide rent relief to your residential or commercial tenants. You can then apply any remaining rebate to your own financial obligations (e.g. in relation to debt and other expenses).

The rebate will only apply to each property that meets the above requirements and conditions; it does not necessarily apply to all your landholdings.

Where there are multiple tenants for a single property, including mixed-use developments, if the eligibility requirements and conditions are met for at least one tenancy, then the whole property is eligible for the land tax rebate.

If you received the 2019–20 rebate, you may also be eligible for the 2020–21 rebate if you provide additional rent relief to your affected tenant(s) of an amount at least commensurate with the 2020–21 rebate amount. That is, you do not get the benefit of the 2020–21 rebate for the rent relief that you provided as part of your eligibility for the 2019–20 rebate.

How to apply

To apply for a rebate, you need to complete the form in OSR Online.