![Changes to Holiday Home exemption for Vacant Residential Land Tax](https://images.squarespace-cdn.com/content/v1/62940022bdc06b31c5ba0c30/1718666414391-H2UT3GS3Y6UQUORUTGYY/AdobeStock_822546424.jpeg)
Changes to Holiday Home exemption for Vacant Residential Land Tax
On 4 June 2024, the State Taxation Amendment Act 2024 (Act) received Royal Assent. The Act, amongst other significant taxation changes, amends the holiday home exemption by introducing new provisions to section 88A of the Land Tax Act 2005 (LTA).