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Deceased person's estate exemption (s. 124) procedure

Follow this procedure to help you lodge a section 124 exemption claim using OSRconnect.

Use our deceased person’s estate toolkit for more information.

Note: The fields marked with an asterisk (*) are mandatory.

On the Lodgement obligations tab:

  1. Select Transfer duty from the Create return/transaction drop-down list.
  2. Select Create to start the transaction.
  1. You can enter your own reference (optional).
  2. Select the applicable Transaction class from the drop-down list (e.g. Transfer of residential land).
  3. Select Transfer of dutiable property as the Type of dutiable transaction.
  4. Select Land in Queensland as the Type of dutiable property.
  5. Enter the Transaction/Document date using the calendar or text field (dd/mm/yyyy).
  6. Answer the question: Is there an agreement in writing?
    Select No if the Form 1 Transfer is not accompanied by an agreement. If the answer is Yes, complete the remaining questions.
  7. Click Next.

The Property section will display first. Make sure you complete this stage following our data entry standards.

  1. Enter the lot number in the Lot from field.
  2. Select the Plan type from the drop-down list.
  3. Enter the Plan number.
  4. Click Add to register these details.

To add more properties, repeat steps 10 to 13.

  1. Answer the question: Is the property a residential off-the-plan purchase?
  2. Answer the question: Is the property a new building or residence?
  3. Select Transferors from the Document details list.
  4. Select the Transferor type from the drop-down list.
  5. Complete all name details for the transferor.
    If the transferor is an individual, include their designation after their last name; for example, ‘Smith as personal representative’.
  6. If the transaction includes real property, answer the question: Is the transferor a non-Australian entity?
    If Yes, an identity details annexure is required, unless the transferor is a deceased person.
  7. Click Add to register these details.
  8. Select Email next to the non-Australian transferor’s name. If the transferor is a deceased person or you are unable to obtain the email address for the transferor, contact the Office of State Revenue immediately.

To add more transferors, repeat steps 17 to 21.

  1. Select Transferees from the Document details list.
  2. Answer the question: Are any of the transferor/s and transferee/s related?
  3. Select the Transferee type from the drop-down list.
  4. Enter the transferee name.

You need to enter an ABN, ACN or ARBN for a company, and a date of birth for an individual.

  1. Enter the Interest acquired by the transferee as a fraction.
  2. Complete the transferee contact details.
  3. If the transaction includes real property, answer the question: Is the transferee a non-Australian entity?
    If Yes, the non-Australian transferee must complete an identity details annexure and these details must be recorded in OSRconnect.
  4. Click Add to register these details.

To add more transferees, repeat steps 24 to 29.

  1. Click Next.
  1. Answer the question: Is the consideration less than the unencumbered value of the property included in this transaction?
  2. Enter the Consideration/Unencumbered value of ENTIRE property as $0.
  3. Leave the Value of any non-residential property field blank.
  4. Answer Yes to the question: Is an exemption being claimed?
  5. Select s. 124 Exemption Deceased Person’s Estate from the Exemption type drop-down list.
  6. Answer No to the question: Does this transaction form part of an arrangement that includes other dutiable transactions (Section 30)?
  7. Click Next.

The duty is calculated as $0 for an exemption claim.

  1. Click Save to validate your data. The status message advises of any errors in the form.

A transaction number is created, and the transaction is saved in draft.

  1. Click Summary.
  2. Click Print for a hard copy.
  3. Click Next.
  1. Enter your full Name and contact details.
  2. Check the box to complete your acknowledgement.
  3. Click either:
    • Submit to lodge this transaction - you can then view this by using the Filter & Search function in the Lodgement obligations tab.
    • Save to save this transaction as a draft (click the X to close) - you can then view this in Lodgement obligations.

You must lodge (submit) the transaction within 30 days of the liability date.