Authority Updates - Victoria - July 2016

Changes to Duties Form 62

New Duties Calculator

The definition of residential property in Duties Form 62 - Purchaser Statement has been clarified following changes set out in the State Taxation and Other Acts Amendment Act 2016

The definition of transferee in Part A of the form has also been changed to clarify the relevant types of leases. 

The updated form can be used immediately but must be used for ALL transactions entered into on or after 1 July 2016. 

Updated duty calculators, also take into account the changes and can be found here.

Read more of Victoria Authority Updates

Disclaimer: The information herein has been prepared by SAI Global Property Division Pty Ltd ACN 089 586 872 from information released by the Authority cited on this page. It is provided as general background information only; it is not complete; and it does not comprehensively address this subject matter. Readers should not consider the information so provided as advice nor as a recommendation to take any particular course of action. Persons needing advice should consult their own solicitor, accountant or other professional adviser.