Community home
Menu
  • PEXA Certified Expand

    PEXA Certified

    This program will give you an introduction to PEXA, how it works and how it can help you transform your business processes.

    Discover More
    • Getting Business Ready
    • System Set Up
    • Transacting in PEXA
  • Help Centre Expand

    Help Centre

    Here you’ll find more than 230 help articles and videos to assist you.

    Discover More
    • Help Articles
    • Help Videos/PEXA TV
    • PEXA Interactive Demos
    • FAQs
    • Ask a Question
    • PEXA Certified
  • Ask a Question
  • Share your Experience
  • Raise an Idea
  • Blogs Expand

    Read the latest in our blogs.

    Keep up to date with the latest PEXA product releases, and read up on the property blog.

    Discover more
    • Community Blog
    • The Property Blog
    • Security Updates
    • PEXA Product Releases
    • Announcements | Outages etc
    • The Bank Blog
    • Workspaces
      Community
      Register
      Log in
    Apps menu
  • Register / Login

Community Home
Register / Login

Vic SRO 22 June enhancement - saving you time

cancel
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for 
Search instead for 
Did you mean: 
  • Community
  • :
  • Join the Discussion
  • :
  • PEXA Community Blog
  • :
  • Vic SRO 22 June enhancement - saving you time
Vic SRO 22 June enhancement - saving you time
Lindiana
Lindiana Star Employee
Star Employee
‎11-06-2020 04:32 PM
Topic Options
  • Subscribe to RSS Feed
  • Mark as New
  • Mark as Read
  • Bookmark
  • Subscribe
  • Email to a Friend
  • Printer Friendly Page
  • Report Inappropriate Content
  • Feature this Topic

From Monday 22 June 2020, assessing land transfers in Duties Online will be quicker and easier than ever before.  

With data from the Digital Duties Form pre-populating in Duties Online, the SRO is reducing the current seven step process to a single step. Once the Digital Duties Form is linked to your lodgement, you will simply select ‘Calculate duty’ to obtain an estimate and duty verification.

Duties Online will also be able to instantly assess the duty on another 10 types of complex lodgements, meaning you no longer have to submit the following lodgements for an assessment of duty 30 days before the scheduled settlement:

  • Historical contracts
  • More than two transferees – pensioner
  • More than two transferees – change in manner of holding
  • More than two transferees – foreign purchaser additional duty exemption
  • Sub sales related (contract of sale between related parties)
  • Related parties transactions with concessions
  • Unrelated parties (no contract of sale)
  • Multiple property types in the same transfer
  • Principal place of residence  applied where there are multiple properties (Complex transactions only)
  • On-sales

For the remaining complex lodgements the SRO has removed five steps in Duties Online.

Once the Digital Duties Form is linked, simply upload supporting documentation and submit your lodgement at least 30 days before the scheduled settlement.

 

For further details including free training please see the SRO website. 

2 Likes
  • Back to Blog
  • Newer Article
  • Older Article

You must be a registered user to add a comment here. If you've already registered, please log in. If you haven't registered yet, please register and log in.

  • Post a Comment
PEXA

|

Facebook Twitter LinkedIn
  • Support
  • Privacy Policy
  • Terms of Service