Revenue Online

REVENUE ONLINE

When you purchase a property, your contract will need to be assessed for Duty to be paid. This is classed by the Office of State Revenue as a Dutiable Transaction

 If the agreement becomes unconditional within one (1) month after the day on which liability for transfer duty arises, it must be lodged with the Commissioner of State Revenue within two (2) months after the day on which that liability arose.

All other agreements must be lodged within two (2) months after the day on which the agreement becomes unconditional, or within 12 months after the day on which the liability for transfer duty arose, whichever is earlier.  If finance is obtained and the agreement becomes unconditional then the agreement needs to be lodged two months from date of execution, as this agreement has become unconditional within one month of execution;

Riverside settlements is registered for Revenue Online (ROL). This means that when you purchase your property and you nominate Riverside Settlements to act on your behalf in the settlement, you do not need to pay duty on the contract until settlement day.

This is especially helpful if you are borrowing the duty as part of your mortgage or loan. It means that you don’t have to find the extra funds for duty before the day of settlement and the new mortgage funds are released.

214 thoughts on “Revenue Online”

  1. I like what you guys are up too. Such clever work and reporting! Keep up the superb works guys I have incorporated you guys to my blogroll. I think it’ll improve the value of my site :).

  2. Today, while I was at work, my cousin stole my iphone and tested to see if it can survive a 25 foot drop, just so she can be a youtube sensation. My apple ipad is now broken and she has 83 views. I know this is totally off topic but I had to share it with someone!|

  3. Hey! I’m at work browsing your blog from my new iphone! Just wanted to say I love reading your blog and look forward to all your posts! Keep up the great work!

  4. Новинки фільми, серіали, мультфільми
    2021 року, які вже вийшли Ви можете дивитися українською на
    нашому сайті Link

  5. Новинки фільми, серіали, мультфільми 2021 року, які вже вийшли Ви можете дивитися українською на нашому сайті Link

  6. I have been absent for a while, but now I remember why I used to love this blog. Thanks , I will try and check back more often. How frequently you update your website?

  7. Can I simply just say what a relief to discover somebody who really knows what they are discussing online. You definitely know how to bring an issue to light and make it important. More and more people ought to look at this and understand this side of your story. I can’t believe you’re not more popular given that you definitely possess the gift.

  8. Having read this I believed it was rather enlightening. I appreciate you taking the time and effort to put this article together. I once again find myself spending a significant amount of time both reading and commenting. But so what, it was still worthwhile.

  9. Hello, i read your blog from time to time and i own a similar one and i was just curious if you get a lot of spam remarks? If so how do you prevent it, any plugin or anything you can advise? I get so much lately it’s driving me crazy so any support is very much appreciated.

  10. hosting,alan adı, dedicated,sanal sunucu performans, hız, kalite olarak en iyi sağlayan firmayız.

  11. I discovered your blog website on google and test a couple of of your early posts. Proceed to maintain up the superb operate. I simply extra up your RSS feed to my MSN News Reader. Searching for forward to reading more from you in a while!…

  12. Ривердэйл 1,2,3,4,5,6 сезон Ривердэйл 1,2,3,4,5,6 сезон Riverdale: наконец-то новый качественный молодежный сериал. Ривердэйл – сериал, которого мы так ждали от CW.
    Ривердэйл хранит немало секретов и мистических тайн. Нашим неуемным искателям развлечений будет вовсе не до улыбок.
    «Ривердейл» (англ. Riverdale) — американская телевизионная подростковая драма, основанная на комиксах Арчи.
    Все серии подряд доступны бесплатно, в хорошем качестве HD 720p и FullHD 1080p на русском языке.

  13. Pingback: 3estuary

Leave a Reply

Your email address will not be published.

Make an enquiry today