|Settlement Date||The date that settlement is anticipated to occur.|
|Document Date||The date that the document was executed.|
|Contract Date||The date that the contract was last executed.|
|Possession/Occupation Date||The date that the purchaser is anticipated to possess or occupy the property - if different from Settlement Date.|
|Consideration||The amount of money paid by the transferee to the transferor for the land as per the contract for sale and purchase of the land. This must refer to the land consideration only and not include consideration for plant, equipment, stock, chattels etc. If the contract does not apportion the consideration, use the Capital Value (CV) to determine the duty.|
|Market Value||Where there is no consideration paid or for related parties or the consideration is less than the market value, you will need to enter the market value of the interest in the property being conveyed.|
|GST Payable (Optional)||Indicate the amount of Goods and Services Tax (GST) payable on the sale of the property - if applicable. Note: this figure should also form part of the total consideration – not be in addition to the consideration.|
|Interest Transferred as a Percentage||Indicate the percentage interest of the property being transferred. Note: this does not impact the amount of stamp duty that is calculated in the system.|
|New Building or Housing Indicator (Optional)||Indicate if the building/house has not been previously occupied or sold.|
|Residential Off the Plan (Optional)||Indicate if the contract for the purchase of the home is on a proposed lot in an unregistered plan of a subdivision of land.|
| Purchaser &Vendor|
| Includes persons who are connected by blood or marriage and also includes “related persons” as defined in section 60A(6) of the SD Act, which includes: |
Land is taken to be residential land if:
The date that is relevant to a determination as to whether land is residential land is (i) the date of the relevant instrument or (ii) in the case of an acquisition under Part 4, the date of the relevant transaction.
For further information regarding whether land is taken to be used for residential purposes, please refer to Information Circular No. 103.
Residential land used for a commercial purpose
Where land constitutes residential land but is nonetheless used for a commercial purpose, Information Circular No. 103 states:
“A further exception is in relation to land which although coded as residential by the Valuer-General will nevertheless be considered by the Commissioner to be commercial in nature. This treatment will be consistent with the Local Government zoning of the land. Land uses that fall into this category are Hostels, Hotels, Motels, Serviced Apartments and short term unit accommodation.”
The land referred to above will not be considered to be residential land.
However, the exception discussed in Information Circular No. 103 does not extend to Retirement Villages, Aged Care Facilities and other residential premises where the accommodation can best be described as “long term accommodation”.
Residential land used for the commercial purpose of providing long term accommodation is not considered to be qualifying land. Accordingly, where such land is acquired by a foreign person or trust, the surcharge will apply.
|LUC||Land Use Code. For details of Land Use Codes please refer to State Valuation Office list.|
|Purchaser and Vendor Details|
|Individuals that are Australian Citizens|
|Given Names||First and second names - as applicable. Do not include maiden family name.|
|Nationality or Citizenship||If the purchaser/vendor is a holder of a permanent visa within the meaning of Section 30(1) of the Migration Act 1958 (Cwlth) then they are deemed to be Australian for the purposes of this question. If the purchaser/vendor is a citizen or permanent resident of Australia and is also a citizen of another country then they are deemed to be Australian for the purposes of this question.|
|Individuals from Overseas|
|Party Interest Transferred (Optional)||Definition for Party Interest Transferred: Indicate as a fraction, the interest of the property being acquired by this foreign entity e.g. if this purchaser’s interest is 50% then enter ½. For further details please refer to the Foreign Ownership Surcharge page.|
|Passport Number||The number recorded on the individual’s passport if Nationality/Citizenship field is not Australia.|
|Visa Number||The visa number recorded in the individual’s passport if Nationality/Citizenship field is not Australia.|
|Visa Subclass||The visa subclass recorded in the individual’s passport if Nationality/Citizenship field is not Australia.|
|Visa Expiry Date||The visa expiry date recorded in the individual’s passport if Nationality/Citizenship field is not Australia.|
|FIRB Application Number (Optional)||The Foreign Investment Review Board (FIRB) Application Number allocated to a foreign entity on their application to purchase the property (Purchaser), and/or original purchase of the property (Vendor).|