HOMEBUILDER GRANT UPDATE

Effective 23 November 2020, the Commissioner of State Taxation has exercised her discretion to extend the construction commencement timeframe by 3 months (to now 6 months) for all relevant applications.

In effect this means that to be eligible for the HomeBuilder Grant construction must commence within 6 months of the date of the contract. Construction is taken to have commenced when site works including excavation for the approved building works is complete.

Applications must be submitted no late than 31 December 2020.

For more information, terms and conditions and eligibility on the HomeBuilder Grant, click here.