QUEENSLAND GOVERNMENT COMMERCIAL TENANTS, LAND TAX, PAYROLL TAX, BUSINESS CONCESSIONS

  • A $500m loan facility created to support businesses (interest free for the first 12 months this is now closed to new applications.
  • A 6-month payroll tax deferral will be extended to all businesses across the State:
  • The Queensland government will refund 2 months’ worth of payroll tax. Additionally, it is providing small and medium businesses a 3-month payroll tax “holiday”:
  • The Queensland Office of State Revenue will also work with affected businesses to create repayment plans for the deferred tax liabilities:
  • Landlords may be eligible for a land tax rebate reducing land tax liabilities by 25% for eligible properties for the 2019-20 assessment year:
  • A 3-month deferral of land tax liabilities for the 2020-21 assessment year: see 2020
  • A waiver of the 2% land tax foreign surcharge for foreign entities for the 2019-20 assessment year:
  • There is legislation which facilitates a moratorium on evictions for residential tenants and residents who are in financial distress and are unable to meet their commitments due to the impact of the COVID-19 emergency
  • A support package for international students:
  • Changes were made to provide for certain legal documents to be witnessed by audio visual link during the COVID-19 pandemic, as well as property inspections etc:
  • A waiver of State land rent for 6 months, estimated to benefit more than 6,000 farmers, businesses, tourism operators, and community and sports clubs:
  • A $54.5m transport package targeting regional air, bus and ferry services, as well as the personalised transport industry (taxis), heavy vehicles and licence and registration fees: