Notice for reassessment of transfer duty—home, first home or vacant land concession (Form D2.4)

When to complete this form

Complete this form within 28 days if you received the benefit of a home, first home or first home vacant land concession and:

• you did not move into the residence within
  • 1 year if you received the home or first home concession
  • 2 years if you received the first home vacant land concession
• the previous owner or existing tenant did not move out within 6 months
• you granted a new lease or extended an existing lease before moving in or within 1 year of moving in
• you sold, transferred or otherwise granted exclusive possession of all or part of the property before or within 1 year of moving in.

When not to complete this form

You do not need to complete this form if you received the benefit of a concession and you:

• transferred part of the land to your spouse and the transfer was exempt from duty under s.151 of the Duties Act 2001
• entered into a retirement village leasing arrangement for the residence.

Also do not use this form if you are experiencing domestic or family violence. Instead download and complete Form D2.4—Notice for reassessment—transfer duty home and vacant land concessions, and send it to us by email or post.

Duty, interest and penalties

Your transaction may be reassessed, requiring you to pay back all or part of the concession.  Unpaid tax interest and penalty tax may also apply.

Failing to give notice that you are no longer able to meet the requirements for the concession is an offence.  The maximum penalty is $13,055.

1. Disclaimer

   1. * I confirm that I will provide true and correct information in this form.
   2. * I understand that providing false and misleading information is an offence under the Taxation Administration Act 2001.
   3. * An email and copy of the form will be sent to all email addresses included in the form.
2. Part A—Your details

   1. Your name

      1. First name *
      2. Middle name
      3. Surname *
   2. Date of birth * Example: 12/07/1989
   3. Your postal address

      1. Current postal address *
      2. 1. Suburb *
         2. State *
         3. Postcode *
   4. Phone number * Home, mobile or work number
   5. Email address * (a copy of the form will be sent to this email address) Example: jane.smart@example.com
3. Part B—Other party to the transaction

   1. Did you claim the concession with another person? *

      • Yes
      • No
   2. Are the other person's circumstances the same as yours? * (If you chose ‘Yes’ above)

      • Yes
      • No
   3. (If you chose ‘No’ above)

      The other person may need to lodge a separate notice for reassessment.

   4. Enter the other party's details below

      1. 1. First name *
         2. Middle name
         3. Surname *
      2. Date of birth * Example: 12/07/1989
      3. Phone number * Home, mobile or work number
      4. Email address * (a copy of the form will be sent to this email address) Example: jane.smart@example.com
4. Part C—Property details

   1. Address of property *
   2. 1. Suburb *
      2. State *
      3. Postcode *
   3. 1. Lot number *
      2. Plan type (e.g. RP, SP) *
      3. Plan number *
   4. When was the transfer date * This is usually the settlement date
5. Part D—Concession type claimed

   1. Which concession did you and any person listed in Part B claim? * —please select— First home concession Home concession Both the home and first home concessions First home vacant land concession
6. Part E—Your circumstances (If you chose ‘First home vacant land concession’ above)

   1. Select one of the following that best matches your situation. *
      • You did not finish building a residence within 2 years of the transfer date.
      • You entered into a new lease for the property before occupying the residence.
      • You were never eligible to claim the concession.
      • You did not occupy the residence as your home within 2 years of the transfer date (for first home vacant land concessions).
      • You occupied the residence as your home but within 1 year of occupation you sold or transferred all or part of the property.
      • You occupied the residence as your home but within 1 year of occupation you leased a room or another part of the property.
      • You occupied the residence as your home but within 1 year of occupation you leased the whole property.
      • You occupied the residence as your home but within 1 year of occupation you granted exclusive possession to another person.
      • You otherwise did not meet a concession requirement.
7. Part E—Your circumstances (If you chose ‘Both the home and first home concessions’ above)

   1. Select one of the following that best matches your situation. *
      • The former owner did not vacate the property within 6 months of the transfer date.
      • You demolished or removed the existing residence without living there.
      • You entered into a new lease for the property before occupying the residence.
      • You were never eligible to claim the concession.
      • You did not occupy the residence as your home within 1 year of the transfer date (for home and first home concessions).
      • The residence was unoccupied at the transfer date and before moving in you sold or transferred all or part of the property.
      • The residence was unoccupied at the transfer date and before moving in you leased a room or another part of the property.
      • The residence was unoccupied at the transfer date and before moving in you leased the whole property.
      • The residence was unoccupied at the transfer date and before moving in you granted exclusive possession to another person.
      • You occupied the residence as your home but within 1 year of occupation you sold or transferred all or part of the property.
      • You occupied the residence as your home but within 1 year of occupation you leased a room or another part of the property.
      • You occupied the residence as your home but within 1 year of occupation you leased the whole property.
      • You occupied the residence as your home but within 1 year of occupation you granted exclusive possession to another person.
      • An existing tenant extended or renewed their lease.
      • An existing tenant did not vacate after the end of the current term.
      • An existing tenant did not vacate the property within 6 months of the transfer date.
      • You otherwise did not meet a concession requirement.
8. Part E—Your circumstances (If you chose ‘First home concession’ above)

   1. Select one of the following that best matches your situation. *
      • The former owner did not vacate the property within 6 months of the transfer date
      • You demolished or removed the existing residence without living there.
      • You entered into a new lease for the property before occupying the residence.
      • You were never eligible to claim the concession.
      • You did not occupy the residence as your home within 1 year of the transfer date (for home and first home concessions).
      • The residence was unoccupied at the transfer date and before moving in you sold or transferred all or part of the property.
      • The residence was unoccupied at the transfer date and before moving in you leased a room or another part of the property.
      • The residence was unoccupied at the transfer date and before moving in you leased the whole property.
      • The residence was unoccupied at the transfer date and before moving in you granted exclusive possession to another person.
      • You occupied the residence as your home but within 1 year of occupation you sold or transferred all or part of the property.
      • You occupied the residence as your home but within 1 year of occupation you leased a room or another part of the property.
      • You occupied the residence as your home but within 1 year of occupation you leased the whole property.
      • You occupied the residence as your home but within 1 year of occupation you granted exclusive possession to another person.
      • An existing tenant extended or renewed their lease.
      • An existing tenant did not vacate after the end of the current term.
      • An existing tenant did not vacate the property within 6 months of the transfer date.
      • You otherwise did not meet a concession requirement.
9. Part E—Your circumstances

   1. Select one of the following that best matches your situation. *
      • The former owner did not vacate the property within 6 months of the transfer date
      • You demolished or removed the existing residence without living there.
      • You entered into a new lease for the property before occupying the residence.
      • You were never eligible to claim the concession.
      • You did not occupy the residence as your home within 1 year of the transfer date (for home and first home concessions).
      • The residence was unoccupied at the transfer date and before moving in you sold or transferred all or part of the property.
      • The residence was unoccupied at the transfer date and before moving in you leased a room or another part of the property.
      • The residence was unoccupied at the transfer date and before moving in you leased the whole property.
      • The residence was unoccupied at the transfer date and before moving in you granted exclusive possession to another person.
      • You occupied the residence as your home but within 1 year of occupation you sold or transferred all or part of the property.
      • You occupied the residence as your home but within 1 year of occupation you leased a room or another part of the property.
      • You occupied the residence as your home but within 1 year of occupation you leased the whole property.
      • You occupied the residence as your home but within 1 year of occupation you granted exclusive possession to another person.
      • An existing tenant extended or renewed their lease.
      • An existing tenant did not vacate after the end of the current term.
      • An existing tenant did not vacate the property within 6 months of the transfer date.
      • You otherwise did not meet a concession requirement.
10. Provide dates

    1. When did you occupy the residence as your home? *
    2. When did you sell or transfer all or part of the property? *
    3. When did you lease a room or another part of the property? *
    4. When did you lease the whole property? *
    5. When did you grant exclusive possession to another person? *
11. Part F—Special circumstances (If you chose ‘You otherwise did not meet a concession requirement.’ above) Explain your circumstances if they are not covered in Part E, or you wish to tell us why you could not meet the concession requirements.
12. Part G—Verification

    1. This form can be signed by the person(s) who claimed the concession or their agent.
    2. First name *
    3. Surname *
    4. Date *
13. Part G—Verification for other party to the transaction (If you chose ‘Yes’ above)

    1. First name *
    2. Surname *
    3. Date *