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Vacant land and subdividing

Find out the tax treatment and if you can claim deductions for holding, selling or subdividing vacant land.

Deductions for vacant land

Work out if you can claim a deduction for the costs incurred in holding vacant land on or after 1 July 2019.

Vacant land before 1 July 2019

Work out if you can claim deductions for vacant land before 1 July 2019, also if CGT and GST apply.

Subdividing land

If you subdivide a block of land, there may be tax implications such as capital gains tax (CGT) or GST.

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