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since ‎08-10-2020
‎24-11-2020
Vanessa-RevenueNSW
Vanessa-RevenueNSW
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Revenue NSW latest updates

by Vanessa-RevenueNSW in New South Wales
‎05-11-2020 11:26 AM
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‎05-11-2020 11:26 AM
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Revenue NSW has made the following updates :   From Monday, 9 November the Online duties services for industry professionals page includes a section for the endorsement of instruments processed through Electronic Duties Return (EDR).            Link: https://www.revenue.nsw.gov.au/electronic-duties-for-professionals   The Duties Document Matrix now includes further information regarding Agreement for Sale of Land (Options) that need to be lodged with RNSW via eDuties.            Link: https://www.revenue.nsw.gov.au/help-centre/resources-library/gd005.pdf ... View more

Transfers not in conformity S 18(3) v Transfers in...

by Vanessa-RevenueNSW in New South Wales
‎14-10-2020 09:25 AM
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‎14-10-2020 09:25 AM
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Revenue NSW has been asked to clarify the scenario surrounding what Transfers can be lodged via PEXA and when a Duties Verification Waiver letter is required. To clarify the difference: Transfers not in conformity section 18(3) – Can be settled via PEXA . Simply process a second duty assessment via your CSP for a Transfer under S 18(3), where you will be prompted to relate the assessment back to the initial Contract assessment Duties Assessment Number (DAN). Enter the DAN into the PEXA workspace and an information message is returned upon verification to advise the need to set up a third party disbursement for the original DAN the Contract was assessed under. Transfers in partial conformity section 64C – Cannot be settled via PEXA. In accordance with the Duties Document Matrix , the Transfer will need be lodged via the eDuties Portal and upon Assessment a DAN and a waiver letter will be provided by Revenue NSW for lodgement with LRS. Further information about Duties Verification Waiver letters and how to request one, can be found here. ... View more
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