Short Stay Levy Bill
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Tax confusing and ‘haphazard’
Macedon Ranges’ accommodation providers have been navigating new obstacles since the Victorian Government introduced its Short Stay Levy in January. The 7.5 per cent tax applies to short stay accommodation (under 28 days) with its revenue to support social and affordable housing. The tax also aims to encourage more people to use their properties as…
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Levy to impact tourism, but boost housing
Macedon Ranges accommodation providers are nervously awaiting the outcome of major changes to their industry and expect tourism to also take a hit. Short stay rentals will become more costly from January next year following the Short Stay Levy Bill introduced to Parliament last week. The legislation introduces a 7.5 per cent levy on short…