Categories for Associated Fees & Charges

Foreign Buyers Duty Form required by all Buyers

18/1/2019
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On 1 January 2019, foreign transfer duty and foreign landholder duty came into effect by amending the Duties Act 2008. The additional 7% duty applies to acquisitions of residential property where the buyer or transferee are foreign persons, including foreign companies and trusts.What does this mean to you? Every buyer or transferee that acquires or purchases land in Western Australia is now required to complete and lodge a Foreign Transfer Duty Declaration Form within two months of executing the dutiable transaction.If you represent a...

2018/2019 Landgate regulated fee and commercial (non-regulated) price increases

6/1/2019
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Regulated products and services From 1 July 2018, Landgate’s regulated fees are due to increase approximately 1.5 per cent,in line with the average forecast rate of the Consumer Price Index (CPI). The proposed fees are available on our website. Please be aware these are subject toapproval from the Governor in Executive Council and publishing in the Government Gazette. The final fee schedule will be on Landgate’s website as soon as this approval is received. Commercial (non-regulated) products and services From 1...

More Paper Forms for Buyers to complete post 1/1/19

19/12/2018
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Foreign Buyers DutyFor transactions executed on or after 1 January 2019, an additional 7% duty will be chargeable on the dutiable value of certain acquisitions of residential property by foreign buyers.Each person acquiring land in Western Australia must complete a foreign buyers declaration form HERE declaring whether they are a foreign person.The Online Duties system will be modified to allow self-assessment of most dutiable transactions that are chargeable with foreign buyers duty.Residential property For the purposes of the foreign buyers duty, residential property...

User pay model is a hit.

15/10/2018
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Due to the popularity of our spring special, we are changing our pricing structure away from the Antiquated Settlement Scale Fee and adopting a fairer ‘user pay’ model. The move to a fairer ‘user pay’ pricing model- uses a competitive base Settlement Fee set for the basic straight forward Property Sale and Purchase based on market value price brackets, with capped surcharges applicable as required, rather than apply an excessive hourly rate for the ‘outside of normal’/additional work. Settlement Fee...

Foreign Buyers Duty Surcharge

10/10/2018
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CIRCULAR 17 DUTIES ACT 2008 Foreign Buyers Duty The Duties Amendment (Additional Duty for Foreign Persons) Bill 2018 (‘the Bill’) was second read into Parliament on 13 June 2018. The Bill operates to amend the Duties Act 2008 (‘Duties Act’) to impose additional duty on certain transactions involving foreign persons or entities acquiring residential property in Western Australia.These amendments are subject to the passing of the Bill by Parliament and the granting of Royal Assent. The changes are proposed to come into effect on 1 January...