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Change of tenure exemption (s. 143) procedure

Follow this procedure to help you lodge a section 143 exemption claim using OSRconnect.

Use our change of tenure exemption 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 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. Select Transferors from the Document details list.
  2. Select the Transferor type from the drop-down list.
  3. Enter the first transferor details.

You must add all parties to the transaction as transferors.

  1. Answer the question: Is the transferor a non-Australian entity?
    If Yes, an identity details annexure is required.
  2. Click Add to register these details.
  3. Select Email next to the non-Australian transferor’s name. If you are unable to obtain the email address for the transferor, contact the Office of State Revenue immediately.

To add more transferors, repeat steps 15 to 19.

  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 first transferee details.

You must add all parties to the transactions as transferees.

  1. 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.
  2. Click Add to register these details.

To add more transferees, repeat steps 22 to 25.

  1. Click Next.
  1. Answer Yes to the question: Is the consideration less than the unencumbered value of the property included in this transaction?

Evidence of value is not required for a claim under section 143.

  1. Enter $0 in the Consideration/Unencumbered value of the ENTIRE property.
    This is always nil for an exemption claim.
  2. Answer Yes to the question: Is an exemption being claimed?
  3. Select s. 143 Exemption change of tenure from the Exemption type drop-down list.
  4. Answer No to the question: Does this transaction form part of an arrangement that includes other dutiable transactions (Section 30)?
  5. 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. (The transaction number will be displayed in a pop-up box that you can then close by clicking the X button.)

  1. Click Summary.
  2. Click Print for a hard copy.
  3. Click the X to close the summary.
  4. 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.