- What is included in strata levies?
- What are strata levies?
- Are strata levies the same as body corporate fees?
Check your states tab for the latest information about Strata Levies and the capital works fund. New information and links are added regularly. Be sure to check back to be kept up-to-date.
According to Strata Community Association (NSW), here are the definitions of:
- Levies are amounts paid into a trust account so that the scheme can fund and carry out its duties. Levies are the amounts that owners are bound by legislation to pay to the administrative fund and capital works to enable the communal management of the scheme. They are determined at the AGM via the approval of a budget and the decision of payment due dates. Each owner’s portion is determined by the lot unit entitlement as a proportion of the aggregate unit entitlement.
- Levy Arrears: The owner is in arrears if the amount owed by them has not been received into the trust account by the due date.
If you have enjoyed this topic page, discover more great information in our other Strata Topics.
Strata Levy Information Page
Cracking the Strata Levy Code
LookUpStrata unpacks everything strata owners need to know about strata fees, including strata fee definition, average strata fees, how to calculate strata fees, strata payments and much more.
NAT Webinar: Levies – What are you really paying for?
Michael Ferrier from EYEON Property Inspections joined Nikki Jovicic from LookUpStrata in July 2022 for a webinar about strata levies. What you are really paying for and how do levies ultimately contribute to a well-run building? Michael explores the meaning of a strata levy.
Most Recent Strata Levies Articles
QLD: Paying levies in a body corporate - Timely body corporate levy payments are critically important for financial stability and common property maintenance. This article outlines the consequences of non-payment and available dispute resolution avenues. 
NAT: Strata committee tax responsibilities: Are hidden tax risks threatening owner finances? - Experts warn that a widespread lack of awareness regarding strata committee tax responsibilities and the tax implications of financial decisions made within strata schemes can significantly erode owners' return on investment and lead to substantial, unexpected tax bills.
Our articles and Q&As about Your Strata Levies have been arranged by State
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National Strata Levy articles
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New South Wales
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Queensland
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Victoria
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Australian Capital Territory
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South Australia
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Western Australia
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Northern Territory
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