11 February 2025
Starting 1 January 2025, Victoria has implemented a 7.5% Short Stay Levy on short-term accommodation.
Key Details of the Short Stay Levy:
- Levy Rate: flat 7.5% of the total booking fee.
- Applicable Properties: the levy targets accommodation of periods of less than 28 days in a range of property types including houses, apartments, granny flats, tiny homes, etc.
- Exemptions: properties used as someone’s principal place of residence (PPR) are exempt. Also, hotels, motels, hostels, etc are also excluded from the levy.
- Responsibility for Payment: When bookings are made through a platform, the platform provider is liable for the levy. For direct bookings, the property owner or tenant accepting the booking is responsible. Entities with annual booking fees exceeding $75,000 must lodge and pay the levy quarterly, while those with $75,000 or less are required to do so annually.
If you own a short stay property and take bookings directly, you need to register with the State Revenue Office.
If you operate a short stay property and need more information about the new levy, please get in touch.
Sky Accountants Ballarat
Phone: 03 5332 8855
Office Address: 902 Howitt Street, Wendouree, Victoria 3355, Australia
Postal Address: PO Box 2234, Bakery Hill, Victoria 3354
Sky Accountants Gisborne & Macedon Ranges
Phone: 03 5428 1400
Office Address: 45 Hamilton Street, Gisborne, Victoria 3437, Australia
Postal Address: PO Box 270 Gisborne Victoria 3437
Sky Accountants Kilmore
Phone: 03 5782 2299
Office Address: 74B Sydney Street, Kilmore, Victoria 3764, Australia
Postal Address: PO Box 190 Kilmore Victoria 3764
Sky Accountants Bacchus Marsh
Office Address: 66 Grant Street, Bacchus Marsh, Victoria 3340, Australia
Postal Address: 66 Grant Street, Bacchus Marsh, Victoria 3340, Australia