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  • GST property settlement online forms and instructions

    Most purchasers of new residential premises or potential residential land are required to withhold an amount from the contract price for payment to the ATO.

    Purchasers who are required to withhold must complete and lodge the following two online forms:

    • Form one: GST property settlement withholding notification
    • Form two: GST property settlement date confirmation.

    You can lodge these forms using either:

    • our online form – following the steps below
    • PEXA (Property Exchange Australia) platform.

    Only lodge the forms once for each transaction.

    If you're a property supplier, don't lodge these forms.

    Note: We check our records against land titles information on property transactions. Failure to lodge forms or pay on time may result in penalties.

    Steps to complete and lodge forms

    Note: Only access these forms from this web page or the PEXA platformExternal Link. This will reduce issues if you attempt to lodge another way.

    Step 1: Complete and lodge Form one

    Lodge now – Form one: GST property settlement withholding notification

    When lodging Form one for a property with a contract entered into before 1 July 2018 and settlement is after 30 June 2020, the contract date you enter depends on if you lodge via:

    • our website – enter a contract date of 1 July 2018 to allow the form to be lodged
    • PEXA platform – enter the actual contract date.

    Form one notifies us that a purchaser has entered into a contract and has a withholding obligation.

    You can complete and lodge Form one any time after the contract has been entered into and you have a written notification from your supplier. You can lodge up until the due date for payment of the withholding amount – this is usually settlement or the first instalment date.

    Refer to How to complete Form one.

    Step 2: Complete and lodge Form two

    Lodge now – Form two: GST property settlement date confirmation

    Form two confirms the settlement date and attaches the withholding liability onto the purchaser's account.

    Complete and lodge Form two for:

    • a standard land contract, either
      • within two business days before settlement
      • on the day of settlement
      • on the next business day after settlement
       
    • an instalment contract – when the first instalment is paid.

    Refer to How to complete Form two.

    Step 3: Make the withholding payment to us

    Make the withholding payment to us for:

    • a standard land contract – on the day of settlement
    • an instalment contract – when the first instalment is paid.

    Refer to How to pay the withholding amount.

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      Last modified: 05 Jul 2021QC 55781