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  • How to complete your Form one

    Before you start your Form one, make sure you have the following documents available:

    • contract of sale
    • supplier withholding notification (this may have been provided to you in a separate document or incorporated into the contract of sale).

    Form one, GST property settlement withholding notification, is an online form. You must complete and submit it in one session – you can't save the incomplete form and return to complete it at a later date.

    Mandatory fields are marked with an asterisk (*).

    Help is available in the top right-hand side of the form. If you are unsure of how to complete this form after reading these instructions, or you encounter any issues, you can phone us on 13 28 66 (Fast Key Code 3 4).

    On this page:

    Contact details

    As the purchaser or the purchaser's representative, you must provide your contact details. This allows us to contact you to resolve any issues and process the form faster.

    Don't include brackets or spaces in your phone number.

    If you give us your email address, we will email you a copy of the notification confirmation. If you have not provided your email address, you will be prompted to print a copy of the summary page.

    Property details

    The property details should be listed in the contract you signed. Mandatory fields vary depending on the state or territory where you have purchased the property.

    Show all dates as dd/mm/yyyy or select them using the calendar.

    The contract price is shown on the contract of sale and is inclusive of the GST. Include the GST-inclusive market value of any non-monetary consideration as notified by the supplier. Enter numbers only – do not use commas.

    Purchaser details

    Provide as much detail as possible to ensure we process your form quickly.

    This section is used for the purchaser buying the property. If there are multiple purchasers on the title, you must list each purchaser on the form.

    If there are more than 10 purchasers, complete and submit the form with details of 10 purchasers and then contact us at least 48 hours later on 13 28 66 (Fast Key Code 3 4) to provide the additional purchaser details. You will need to wait 48 hours after the form has been submitted so that we can process it.

    You're not required to provide your ABN or TFN, but providing them helps us to identify you in our records, which means that we can process the form faster.

    Don't include brackets or spaces in your phone number.

    Enter the percentage of the property that the purchaser will legally own – this information is usually specified in the property transfer form or the equivalent in your state or territory. Only use whole percentages.

    If there are:

    • tenants in common, enter the defined share in the property – for example, if purchaser one has 25% then purchaser two has 75%
    • joint tenants, enter an equal share in the property, for example, if there are
      • two purchasers, enter 50% for each purchaser
      • three purchasers in the property transaction enter the following details in the form
        • purchaser one 33%
        • purchaser two 33%
        • purchaser three 34%
      • four purchasers, enter 25% for each purchaser.

    The total ownership percentage must equal 100%.

    Supplier details

    The supplier details are the details of the entity that is liable to pay the GST on the supply of the property. If there are multiple suppliers each supplier will need to be listed on the form.

    The supplier you enter into the form may be different to the vendor on the contract or the registered proprietor on the certificate of title. For example, this may be the case if the vendor is part of a GST group or is under external administration.

    For partnerships, enter the name of the partnership – you are not required to list the individual partnership names on the form.

    Provide as much detail as possible to ensure the form is processed in a timely manner.

    Enter the supplier's phone number with area code or mobile number – don't include brackets or spaces in your entry

    Withholding payment – enter the amount provided in the written notification the supplier provided.

    If there are more than 10 suppliers, after submitting this form, you must submit additional Form ones until you have included all suppliers.

    Summary and declaration

    Review the details input into the online form in the summary section before completing the declaration section of the form.

    You can then submit your form.

    Confirmation screen

    The confirmation screen shows that you have successfully submitted your form. It shows the:

    • lodgment reference number (LRN)
    • payment reference number (PRN)
    • expected settlement date
    • total withholding payment.

    We will send a confirmation email to your nominated email address, if you have provided one.

    If you have not provided an email address we will not issue a confirmation, so you should retain a copy of the form and provide a copy to the purchaser. Do this by selecting Print friendly version to save or print the form.

    We recommend you:

    • provide a copy to the purchaser if you are a representative of the purchaser
    • advise the supplier that you have received confirmation that you have submitted your Form one.

    After your submit your Form one

    When we have processed your Form one, GST property settlement withholding notification, we will send you a confirmation email with your unique PRN and LRN.

    We only issue only one unique PRN per Form one, even if you provide details of multiple purchasers or suppliers on the form.

    If required, we will contact the person listed under the contact details to resolve or clarify any information.

    Your obligations are not complete until you submit your confirmation form and pay the withholding payment.

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      Last modified: 26 Oct 2018QC 55781