First Home Builder Boost increase
On 7 November 2013, the Tasmanian Government announced an increase to the First Home Builder Boost for first home owners purchasing a newly built home or who are building a new home.
The existing $8 000 Boost payment has been increased to $23 000, and applies to eligible applicants with contracts for new homes between 7 November 2013 and 31 December 2014.
The $23 000 Boost payment is tied to eligibility for the $7 000 First Home Owner Grant. Approved applicants would therefore be eligible for a total payment of $30 000.
For information about the eligibility criteria, please read the Fact Sheet.
Land Tax Search
From Monday 2 September 2013, Land Tax Search is the new name for an estimate of the land tax owing on a property at settlement date. It replaces the EOLSD or Estimate of Liability at Settlement Date.
Along with the name change, Tasmanian Revenue Online (TRO) will become the only online interface for searches. The LIST (www.thelist.tas.gov.au) will no longer be available to generate an estimate of land tax liability.
The new system offers:
- the ability to view or reprint a search up to and including the day of settlement;
- search for part (or potential) properties and those sold more than once within the financial year;
- faster issuing of a search certificate where an incorrect tax classification of property has to be amended; and
- one itemised invoice (incorporating searches and stamp duty instruments) for legal practitioners and conveyancers.
For more information – or if you are not registered for TRO
Please read the fact sheet, phone (03) 6233 8070, or email email@example.com.
Payroll Tax Website
The Commissioners from Revenue Offices in each Australian state and territory have launched a joint Payroll Tax website. It complements work undertaken during the last 6 years for the harmonisation of Payroll Tax administration and illustrates the significant gains made by the States and Territories' Revenue Offices.
The website provides easy access to harmonised payroll tax documentation, legislation, state and territory contacts and education opportunities, comprising:
- details about where to lodge payroll tax returns;
- information required by an employer registered in multiple jurisdictions;
- links to state and territory revenue office payroll tax information; and
- a uniform web presence for all revenue offices payroll tax information.
Tasmanian State Budget 2013-14
The 2013-14 State Budget (delivered 23 May 2013) announced three measures administered by the State Revenue Office. These are subject to the passage of legislation.
Increase in the Payroll Tax threshold
From Monday, 1 July 2013, the Payroll Tax per annum threshold increases from $1.01 million to $1.25 million. For more information please read the fact sheet.
Abolition of Motor Vehicle Duty on caravans and camper trailers
From Monday, 1 July 2013, the Duty on applications to register or transfer ownership of caravans and camper trailers in Tasmania is abolished. For more information, please read the fact sheet.
Removal of the First Home Owner Grant for the purchase of established homes – from 1 July 2014
The First Home Owner Grant (of up to $7,000) will no longer be available for the purchase of ‘established’ homes with contracts signed on and after 1 July 2014.
This change does not affect eligible applicants buying a newly constructed home or building a new home (either as an owner builder or through a registered builder).
The Grant remains in place for eligible applicants purchasing established homes with contracts signed before 1 July 2014.
The following forms can now be completed and lodged online:
- Change of land use
- Request previous years Land tax assessment information
- Defer payment or pay by instalments
- Cancel registration as an employer for payroll tax
- Split assessment for payroll tax annual adjustment return
Tasmanian Revenue Online
Tasmanian Revenue Online (TRO) is a secure web-based system for clients of the State Revenue Office to lodge weekly, monthly and annual returns, send details, assess and endorse duty on documents, and pay State taxes.
It is available to employers registered for payroll tax, licensed insurers and solicitors, financial institutions and other organisations approved to assess and remit duty.
Further information is available on Tasmanian Revenue Online including registering for TRO.
If registered you can login to the TRO system.
AUSkey provides a secure single access to government agency online services including Tasmanian Revenue Online (TRO). AUSkey is easily installed on your computer or USB stick. You can link your AUSkey to your TRO account.
The State Revenue Office is able to receive Monthly Payroll Tax returns and Annual Adjustment Returns through Standard Business Reporting (SBR) enabled software.
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Increase to First Home Builder Boost 7 November 2013.
The Tasmanian Government has announced a $15,000 increase to the First Home Builder Boost for first home owners purchasing a newly built home or who are building a new home. More...
The Taxation and Related Legislation (Miscellaneous Amendments) Act 2013.
The Act received Royal Assent on Monday, 21 October 2013. It Amends the Duties Act 2001, the First Home Owner Grant Act 2000, the Land Tax Act 2000 and the Taxation Administration Act 1997. For more information about the amendments, please read the Fact Sheet.
2013-14 Market Interest Rate
The Market rate of interest for the 2013-14 financial year has been set at 2.82 per cent. More...
Land Tax Search Fee Increase
The fee for a Land Tax Search application will increase on 1 July in line with section 5 of the Fee Units Act 1997. More...
2013-14 Tasmanian State Budget
Delivered 23 May 2013, announced changes to three measures administered by the State Revenue Office. More ...
Taxpayers Affected by 2012/13 Summer Bushfires
Land Tax accounts have now been posted for taxpayers with billing addresses in 7173 to 7187 postcodes. More ...
Pre-filled EISPR3 Registration forms sent
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Changes to Self Assessment of Duty Instruments
On 1 July 2012 the list of 'Mandatory' and 'Optional' duty instrument transactions for self assessment on Tasmanian Revenue Online will change. More...
Harmonised policy on interest and penalty tax
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New payroll tax ruling – Determining whether a worker is an employee
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Payroll Tax Nexus Provisions - new payroll tax ruling
A new Payroll Tax Ruling has been agreed and was published on 12 May 2011 by the States and Territories. It sets out the circumstances where wages must be declared in Tasmania for payroll tax purposes. More…
Revenue Ruling - Paid Parental Leave
The Australian Government’s Paid Parental Leave (PPL) scheme was introduced by the Paid Parental Leave Act 2010. More...
Payroll Tax Harmonisation - Commissioners' Protocol
In 2007 Commissioners committed to harmonisation of Payroll Tax administration. Since then, all jurisdictions have fully harmonised in 8 key areas and 5 jurisdictions have implemented fully harmonised legislation. More...