The State Government has set aside $100 million for land tax relief grants to be paid to commercial landlords.
To be eligible, commercial landlords must provide rent relief that equates to a minimum of three months’ rent and freeze outgoings to small businesses that have suffered at least a 30 per cent reduction in turnover due to COVID-19.
Grants equivalent to 25 per cent of the landlord’s land tax bill for 2019-20 for the property in which an eligible tenant is provided relief will be paid to landlords.
For information on eligibility criteria and how to apply, see the Small Business Development Corporation website at http://www.smallbusiness.wa.gov.au
For more information, see the Premier’s media statement ‘New $154.5 million relief package to support tenants, landlords and construction industry’.
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