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Royalty assessments and reassessments

When a royalty return is lodged for a return period, we must assess your royalty liability, even if it is nil. If a royalty return is not lodged, we can still make an assessment (a default assessment) if we are satisfied that there is a liability for the return period.

If we make a default assessment, you will also be liable for a royalty penalty of 75% of the royalty assessed.

When your royalty liability has been incorrectly assessed, we can make a reassessment for the correct amount.

Under the legislation, no time limits will apply for reassessments to increase your liability. Reassessments decreasing your liability will generally need to be made within 5 years of the original assessment.

If you think your royalty liability has been assessed incorrectly, you can follow these steps to request a reassessment. Or you email your request to royalty@treasury.qld.gov.au. Your request should explain why you are asking for a reassessment and include supporting documents.

You need to tell us within 30 days if you become aware that an assessment or reassessment was not, or is no longer, correct and the liability has been understated as a result.

Also consider...

Contact

Office of State Revenue

  • Call 1300 300 734 (Australia) or
    +61 7 3179 2500 (overseas)
  • Send an email using our online enquiry form.