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ATO Forms 1 and 2

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  • ATO Forms 1 and 2

ATO Forms 1 and 2

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DiBoyd
DiBoyd
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on ‎16-07-2021 06:56 PM

on ‎16-07-2021 06:56 PM

ATO Forms 1 and 2

As representative for the Proprietor on Title, can you tell from either the ATO section, form 1 as to whether the Incoming Proprietor's representative has elected for the form 2 to lodge automatically once the workspace has settled?

Is it a matter if the Incoming Proprietor have not elected for the form 2 to be automatically lodged there won't be any listing in the ATO section for the form 2?

thanks

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JenniferI
JenniferI Star Employee
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on ‎27-07-2021 04:42 PM

on ‎27-07-2021 04:42 PM

Re: ATO Forms 1 and 2

Hi Dianne,

 

When the IP is creating the Form one, a question will be asked:-

 

Would you like PEXA to lodge Form two on your behalf at settlement?

  • Select Yes if you would like PEXA to lodge Form two automatically at settlement (default)
  • Select No if you would like to manually lodge Form two on the ATO Website

The Form two will not populate in the PEXA ATO screen if NO is selected.

 

I hope this helps.

 

Jennifer Ivosevic

PEXA Partner - Majors

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