Transactions you must self assess

As a registered self assessor of transfer duty, there are various transactions you must self assess. We have toolkits and public rulings that will help you.

The transactions that you cannot self assess must be lodged for assessment with Queensland Revenue Office.

You cannot reassess transactions unless your notice of registration authorises this.

Transactions that must be self assessed

These transactions, concessions and exemptions must be self assessed unless your registration is restricted.

Use the link for each transaction to find the toolkit that will help you assess in QRO Online.

Transaction types

Concessions

Exemptions

Family Law Act exemptions

Transactions that are exempt under these sections of the Family Law Act 1975 (Cwlth) must be self assessed.

Transactions that cannot be self assessed

The following transactions, concessions and exemptions cannot be self assessed.

Transaction types

  • Aggregated transactions (s.30), where:
    • more than one home concession is claimed
    • a partial interest is being transferred with a concession
    • an exemption is being claimed
  • Business asset transactions that are multi-jurisdictional
  • Family law and de facto matters, where the transfer is executed before and conditional on the making of an order of the court and subject to escrow requirements
  • General requests Form 14 that requires a duty imprint, excluding transactions that have an exemption applied that must be self assessed
  • Land transactions, where the property is transferred to someone other than the named purchaser because of a pre-existing nominee agreement
  • Grants or surrenders of life interests
  • Acquisitions of mining and petroleum interests, or other resource rights, including exploration authorities
  • Partitions (s.31)
  • Partnership acquisitions
  • Transfers of dutiable property to a partner on retirement or dissolution of partnership
  • Trust acquisitions or trust surrenders, excluding where exemptions under ss.118-121 apply

Concessions

These concessions cannot be self assessed.

  • Concessions for superannuation funds (s.108)
  • First home concessions, where the transferee is under 18 years (s.92)
  • First home vacant land concessions, where the transferee is under 18 years (s.92)

Exemptions

Transactions to which an exemption applies, other than an exemption listed above, cannot be self assessed.

Also consider...

Contact

Queensland Revenue Office
For transfer duty self-assessment queries:

For queries on payroll tax, land tax and royalties:

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