Processing lodgements eligible for the duty waiver A significant land transfer duty waiver applies to the purchase of a new or established Victorian residential property with a dutiable value of up to $1 million, where a contract is signed on or after 25 November 2020 and before 1 July 2021.
From Monday 21 December 2020, Duties Online (DOL) and the Digital Duties Form will automatically incorporate this waiver calculation when processing eligible property transactions in our system. Forms created on or after this date will proceed through the system as standard to claim the relief.
However, forms signed before 21 December 2020 with a contract date or transfer date on or after 25 November 2020 will need to be unsigned in order to complete an additional eligibility question. This includes transfers of residential private dwellings, residential vacant land, and residential and commercial mixed use land.
Please refer to the following in flight scenarios when linking a digital form to an ELNO lodgement.
Digital forms signed or in progress · Forms signed before 21 December 2020 will need to be unsigned in order to amend the transferee's form to answer the additional eligibility question. · For forms ready to be signed or in progress before 21 December 2020, you will be automatically prompted to review and answer the additional eligibility question before signing.
ELNO lodgements submitted or claimed · Complex lodgements submitted before 21 December 2020 will be processed as a priority. · For lodgements claimed before 21 December 2020 as a ELNO Lodgment but not finalised, please unlink and unsign the form in order to answer the additional question.
For further information please refer to the SRO website.