News and updates

The High Court has unanimously found in favour of the Commissioner in his appeal against a Court of Appeal decision on what he is entitled to include as consideration for the purposes of the Duties Act 2000.

The Victorian Government is amending the Fire Services Property Levy Act 2012, with key changes to the land use classifications of residential investment properties, golf courses and other outdoor sporting grounds.

Land located in greater Melbourne and in an urban zone may qualify for the primary production land tax exemption, subject to meeting certain requirements.

At the annual Oracle Open World conference in San Francisco last month Commissioner Paul Broderick and Chief Information Officer Paul Dulfer accepted an innovation award on behalf of the SRO.

Land Tax Clearance Certificates applied for in 2014 will only show liabilities for 2014 and any outstanding prior years.

The Congestion Levy Act 2005 imposes an annual levy on off-street parking spaces used for parking motor vehicles in the levy area.

Thanks to feedback about how we can enhance Duties Online, and the services it offers more than 1400 registered organisations, new transactions will be added as of Monday 29 September 2014.

The Victorian Government offers eligible first-home buyers a duty concession when they buy a new or established home.

This concession rate rose to 50 per cent on 1 September 2014 and is the final of the incremental increases which have been phased in over the past four years.

The State Revenue Office has just issued Duties Act Bulletin D2/14 'Drive-Away-Deals 2014/15'.

The Bulletin provides guidance on the calculation of the dutiable value on 'drive-away-deals' for new and used motor vehicles from 1 July 2014.

The SRO has released an updated customer form which has been amended due to changes introduced by the Building a Better Victoria (State Tax and other Legislation Amendment) Act 2014.

Please note the following changes: