Transactions that are endorsed (Certificate of Duty printed and settlement occurred or Certificate of Duty print due date expired) will be included in a return to be paid within 15 days after the end of the return period.
- The Authorised Person or the Administrator must initiate the payment by selecting Lodge and Pay Return and following the steps.
- The Authorised Person or the Administrator should reconcile their trust account to the return before initiating the payment - once the payment is authorised it cannot been cancelled.
Return frequency
A return period is one (calendar) month.
Due date for payment
Full payment is due within 15 days after the end of the return period in which the transactions were endorsed (i.e. between 1st and 15th of the following month).
Form of payment
The Responsible Party must pay the monthly return via their nominated CIPA (Customer Initiated Payment Account).
Due date for issuing a Certificate of Duty
Show moreThe timeframe for issuing a Certificate of Duty is determined by the type of dutiable transaction.
| Transaction type | Payment due |
|---|---|
| Issue of Title Conditional Agreement Subdivision Conditional Agreement |
36 months |
| General Conditional Agreement (in relation to agreements/transfers only) | 12 months |
| Everything else (including business assets that are not conditional or easements) | One month from that date it was entered into ROL |
Schedule future lodgments and payments
Show moreA return period with the status ‘Current’ can be scheduled for payment between the 1st and 15th of the following month.
Once a future lodgment and payment has been scheduled, users cannot assess any additional transactions during that month unless they cancel the pending lodgment and payment.
Users can cancel a future lodgment and payment at any time before the scheduled date and continue to assess new transactions.
Late payment penalty tax
Show more- When a user fails to pay a return by the due date, their access to the Online Duties Assessing services will be suspended and they will be unable to assess any transactions.
- The Authorised person and Administrators will be notified via email and a broadcast message of the overdue payment. Users will have seven days to pay the overdue amount.
- If the return is still unpaid after the 23rd of the month, penalty tax for late payment will be imposed and disclosed on a Penalty Tax Notice.
- Users will then have 14 days to pay the overdue return and penalty tax.
