Increase to the First Home Owner Grant - Tasmania
The Tasmanian Government has announced that, as part of the 2016-17 State Budget, the existing $10 000 First Home Owner Grant will be increased to $20 000.
The $20 000 payment is available for eligible transactions entered into on or after 1 January 2016 but before 1 July 2017. From 1 July 2017 onwards the grant amount will revert to $10 000.
Legislation will be introduced to underpin the new measure. Before that legislation comes into effect, the higher level of grant will be implemented by way of administrative arrangements (Grant Deed).
The existing eligibility requirements for receiving the First Home Owner Grant will apply to applicants for the increased FHOG Grant.
Eligible transactions are as follows:
- a comprehensive home building contract for a new home;
- the building of a new home by an owner builder;
- an off-the-plan purchase of a new home; or
- the purchase of a new home (for example, a spec. home).
Building is required to be completed within 24 months of the commencement date of the eligible transaction. The existing requirement to commence building within 26 weeks of the commencement date of the eligible transaction will be removed.
For detailed information about the revised First Home Owner Grant and how it applies to eligible transactions, please read the Guideline - First Home Owner Grant.
Tasmanian Revenue Online - webinars for TRO Users and Administrators
The State Revenue Office is hosting a series of webinars to guide TRO Users and Administrators through the upgraded features and functions of the new TRO website for Payroll Tax and Insurance Duty. The website goes-live on Monday, 30 May.
Webinar topics will include:
Submitting Returns online;
Amending Returns online; and
Communications between Users/Administrators and the State Revenue Office.
TRO Users and Administrators (for Payroll Tax or Insurance Duty) can register their preferred webinar dates using the links below:
For help or more information, please email email@example.com
EISPR4 – Employment Incentive Scheme (Payroll Tax Rebate)
The Tasmanian Government has introduced EISPR4 to provide up to two years’ payroll tax relief for employers who create additional, eligible position/s in Tasmania between or including 1 July 2014 and 30 June 2015. For more information, please read the EISPR4 fact sheet.
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, including:
- 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 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.
More information is available at 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 can receive Monthly Payroll Tax returns and Annual Adjustment Returns through SBR enabled software.
|Tasmanian Revenue Online|