First Home Buyer Duty Exemption Refund Application

About this form...

Use this form to apply for a refund of duty for first home buyers of established homes for transaction settling between 18 February 2024 to 30 June 2026 inclusive, where duty has already been paid.

The exemption provides an exemption from property transfer duty for first home buyers of established homes which have a dutiable value of $750 000 or less which settle (i.e. transfers that complete) between 18 February 2024 to 30 June 2026.

Important

• ONLY eligible applicants who have already paid duty on the transfer of an established first home and wish to claim a refund should complete this form.
• If you are yet to pay duty on the transfer of an established first home you should complete this application form.

Eligibility criteria

To be eligible for the Duty Relief, all transferees (purchasers) of the property must:

1. complete the purchase of an established home that has a dutiable value of $750 000 or less for property purchases between 18 February 2024 and 30 June 2026 inclusive.
2. be a natural person (not a company or trust); and
3. be at least 18 years of age*; and
4. at the date of the dutiable transaction at least one applicant must be an Australian citizen or permanent resident; and
5. not have previously been the owner (as defined by section 46A and 57C of the Duties Act 2001) of a home (or have a spouse/partner who has previously been the owner of a home) in Australia; and
6. not have previously received a First Home Owner Grant or the Duty Concession (46E of the Duties Act 2001) or Duty Exemption (57G of the Duties Act 2001) or have a spouse/partner who has; and
7. fully complete the application form and lodge it with all relevant supporting documentation; and
8. occupy the home as their principal place of residence for a continuous period of at least six (6) months commencing within 12 months of completion of the purchase of the property*; the duty concession or exemption may be applied in anticipation of the principal place of residence requirement being met. (Principal place of residence means the property at which you usually eat and sleep; it does not mean, for example, a vacant residence where you just leave personal belongings); and
9. maintain ownership of the property until the requirement to occupy the home as a principal place of residence has been satisfied.

• * The Commissioner of State Revenue has a discretion to vary criteria c) and h) above in some circumstances. Please contact the State Revenue Office if you need more information.

How and what to lodge depends on the circumstances shown below

To claim the relief, complete this form and submit it with a copy of:

1. the endorsed transfer instrument (if available); and
2. contract for sale of the relevant property.

If you are yet to pay the duty on your transaction please complete this form.

Should you have any questions about completing this form, please contact the State Revenue Office:
Phone: (03) 6166 4400 (press options 4, 1) Week days 9:00am to 5:00pm
Email: dutyhelp@treasury.tas.gov.au