Cladding Rectification Levy Changes - Effective From 1st January 2020

Cladding Rectification Levy Changes - Effective From 1st January 2020

Legislative Changes in Nutshell,

An additional building permit levy is being introduced to fund rectification works by Victorian Government in order to address combustible cladding through a program of grants to fund rectification works for high-risk buildings.






When does the customer need to pay the Cladding Rectification levy?



How does the calculation of cladding rectification levy will manipulate in PermAssist?

The below diagram illustrates how the cladding rectification will be calculated in each scenario.


Please note: The multiplier will be applied to the Cost of Work (COW) for each individual permit.

Let’s see how the multiplier will manipulate in more comprehensive example in each scenario.
For Non-Staged Applications,


·        Primary BCA Classification starts with (2/3/4/5/6/7/8)

·        Primary Council is Metropolitan

 

If Cost of Building Work is $ 1,000,000.00

•         Cladding Levy = COW  X  0.00128

•         State Levy = COW X 0.00128

If Cost of Building Work is $ 1,500,000.00

•         Cladding Levy = COW  X  0.00256

  1.    State Levy = COW X 0.00256


If the Cost of Building Work is $ 1,500,000.00

•         Cladding Levy = COW  X  0.00820


•         State Levy = COW X 0.00820













For Staged Applications,


·        Primary BCA Classification starts with (2/3/4/5/6/7/8)

·        Primary Council is Metropolitan


If Cost of Building Work is $ 1,000,000.00

•         Cladding Levy = COW  X  0.00128

•         State Levy = COW X 0.00128

If Cost of Building Work is $ 1,500,000.00

•         Cladding Levy = COW  X  0.00256

  1.    State Levy = COW X 0.00256


If the Cost of Building Work is $ 1,500,000.00

•         Cladding Levy = COW  X  0.00820


•         State Levy = COW X 0.00820




















Other concerns which have been introduced by BAMS in relation to cladding rectification levy,

Please Click Here to view more details on the VBA cladding Rectification in VBA.





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