Duty Waiver Information
Off-The-Plan Concession
Off-The-Plan Property Purchase: What You Need to Know
Buying Off-The-Plan means securing a property before construction begins or completes. This can lower your stamp duty by deducting construction costs from the contract price.
Existing Off-The-Plan Concession: Depending on your contract date, you might be eligible for the duty concession.
Temporary Off-The-Plan Concession: Starting 21 October 2024, a new temporary off-the-plan concession is available for all buyers, including investors, companies, and trusts, with no requirement to meet other duty concessions.
For personalised advice and assistance, contact us today! Let us make your property journey seamless.
FRCGW (Foreign Resident Capital Gains Withholding) Clearance Certificate
Simplify Your FRCGW Compliance with Livable Conveyancing
In Victoria, property sellers need an FRCGW Clearance Certificate to avoid withholding obligations. Without it, sellers must withhold 15% of the contract price or market value to the ATO.
How We Help:
For Australian Residents: We facilitate the FRCGW Clearance Certificate lodgement for exemptions or tax withholding variations.
For Non-Residents: We assist non-Australian Citizens or Permanent Residents by lodging the purchaser payment notification form and ensuring the correct tax amount is withheld at settlement.
For Property Buyers: We ensure vendors meet their FRCGW withholding obligations, so the correct tax amount is withheld at settlement.
Have questions or need our services? Contact us today—we’re here to help!
The NEW 2021-2022 Melbourne Land Transfer Duty Concession and Exemption that every purchaser needs to know!
The State Revenue Office (SRO) announced the new temporary land transfer duty concession and exemption for Melbourne city residential property transactions, which are also eligible for foreign purchasers!
Get the most out of the VIC Land Transfer duty waiver (up to 50%) before 1 July 2021.
VIC Temporary Duty Waiver Ends in July 2021.