RevenueWA eNewsletters

Payroll tax

Annual reconciliation

Annual reconciliation for payroll tax is fast approaching. To help you prepare, please:

• review our reconciliation web page to learn more about what information you need to submit and
• notify us of any changes to your registration status.

Between 1 July and 21 July, use the End of Year (EOY) Lodgment function in Revenue Online to:

• lodge and pay any outstanding returns and your June return
• review your total WA taxable wages declared for the financial year
• lodge your Australian taxable wages, and your group’s Australian taxable wages if applicable
• if you are the designated group employer of an interstate group – declare the interstate taxable wages paid by group members and
• lodge your estimated taxable wages for the 2024-25 financial year, and your group’s estimated taxable wages if applicable.

Duties

Changes to the first home owner rate of duty

As part of the 2024-25 State Budget, the State Government announced:

• an increase in the value of homes eligible to be assessed at the first home owner rate of duty and
• a reduction in the duty payable under the first home owner rate.

We have updated Online Duties to reflect the new values and rate which apply to transactions entered into on or after 9 May 2024. The previous rates continue to apply to agreements entered into before 9 May 2024 even if settlement occurs after this date.

See more about the first home owner values and rate.

Off-the-plan duties concession

We have updated Duties lodgments and the Online Services Portal to allow users to apply for the off-the-plan concession when lodging an eligible transaction.  This means you can select the option to apply for the concession at the same time as lodging the transaction.

We have also added an off-the-plan concession option when requesting a reassessment. When selecting this option, you must attach a copy of the application form.

There have been no changes to how you self-assess these transactions through Online Duties.

Household electricity credit

As part of the 2024-25 State and Federal Budgets, the State Government and Commonwealth Government announced a payment for eligible Western Australian households to ease cost of living pressures.

Eligible households that are not directly billed by Synergy or Horizon Power can apply to RevenueWA for the credit. Applications are expected to open late July.

See more information about the credit.

Interacting with RevenueWA

How we communicate with you

We use a range of methods to communicate with the public about their obligations and entitlements. We also recognise that online communications can be susceptible to scams, fraud, and schemes to deceive.

See this new web page which details what we will and won’t do in our communication with you, and identifies the features of our communication that you can use to determine its validity.
 

How you communicate with us

If you have an Online Services Portal account, you can send and receive web enquiries through your account. Doing this will keep a copy of the enquiry in your account and will enable you to respond directly to us. 

Log in to your Online Services Portal account to correspond with us. Find out how to register for an Online Services Portal account. 

You can see existing enquiries and replies, and respond directly to us, from your Event Log (under My Profile). 

Land tax

Build-to-rent exemption

As of the 2023-24 assessment year, eligible developments will be able to receive a 50 per cent exemption from land tax for up to 20 years.

See eligibility criteria and how to apply for the exemption.

Payroll tax

Annual reconciliation

Annual reconciliation for payroll tax is fast approaching.

To help you prepare, please see our reconciliation page to learn about the information you must submit, and notify us of any changes to your registration status.

Duties

Transfers of land by seizure and sale order

Lodge transfers of land by seizure and sale order with RevenueWA for assessment. These transfers are not self-assessable because the required valuation of the transferred property may affect the duty payable.

Apparent purchasers

Nominal duty is charged when dutiable property is transferred from an apparent purchaser to the real purchaser in certain circumstances.

When transferring property from an apparent purchaser who is acting as guarantor, nominal duty will be charged if:

• the parties can show the transfer was from a person acting as a guarantor for the real purchaser and
• the real purchaser paid for the purchase (including the deposit) and any subsequent maintenance or improvements.

Lodge these transactions with RevenueWA for assessment.

See the Duties Information Requirements for supporting documents you may need to lodge.

Off-the-plan concession

Registered WA settlement agents and lawyers can now use Online Duties to self-assess the off-the-plan concession for both under construction and pre-construction transactions.

Your clients must complete Form FDA53 ‘Off-the-plan Concession Application’. Select ‘off-the-plan concession’ in Online Duties and use the information provided in the form when self-assessing the transaction. Retain the form and supporting documents for audit purposes.

If an eligible contract has already settled, lodge the transaction with RevenueWA for reassessment and refund. 

See our YouTube video for more information about how to self-assess the concession.

Land tax

Certificate of Land Tax Charges payments

You can now use BPAY to pay for a Certificate of Land Tax Charges.

See how to apply for a Certificate of Land Tax Charges which details any outstanding tax applied to a lot of land.

Building Bonus grant

Applications for the Building Bonus grant for new detached homes close on 30 April 2024. By that date:

• foundations for the home must be laid
• any original dwelling on the land must be demolished
• any subdivision of the land must be completed
• you must be the registered owner on the Certificate of Title
• your application must be lodged and
• all supporting documents must be uploaded.

We cannot process late or incomplete applications.

See the Building Bonus grant web page for information about eligibility requirements and how to complete your application.

This is different to the dates and requirements for HomeBuilder grant applicants.