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CONCESSIONAL ASSESSMENT OF STAMP DUTY FOR MORTGAGE AND
OTHER SECURITY INSTRUMENTS IN RESPECT OF RESIDENCES
Section 83 (1a) Stamp Act, 1921
(See over for further information)
DETAILS OF THE MORTGAGORS OR OBLIGORS (BORROWERS)
Name: .................................................................................................................................................................
Address:..............................................................................................................................................................
DETAILS OF THE PROPERTY BEING PURCHASED OR IMPROVED WITH THE BORROWED MONEY
Street No. Street Locality
TITLE DESCRIPTION
Lot No. Plan/Diagram/Strata Plan No. Certificate of Title No.
Volume: Folio:
ALL RELEVANT QUESTIONS MUST BE ANSWERED BY WRITING EITHER YES OR NO IN THE BOX.
MERELY SCORING THROUGH, TICKING OR CIRCLING, ETC IS INSUFFICIENT.
1. Has the money been borrowed for any of the following purposes:
(a) to purchase a property which includes a dwellinghouse, being property used solely or
principally for residential purposes associated with that dwellinghouse?
WRITE YES OR NO
(b) to erect or improve a dwellinghouse?
WRITE YES OR NO
(c) to repay (refinance) a loan the proceeds of which have been used wholly in or
towards the costs of the purposes referred to in (a) or (b)?
WRITE YES OR NO
2. Do all of the borrowers use or intend to use the dwellinghouse, for which the money was
borrowed, as their principal place of residence?
WRITE YES OR NO
3. How much money has or is being borrowed under the contract? $
4. How much of the borrowed money has been or will be used for a purpose specified in $
Question 1?
I, ............................................................................... of....................................................................................
the person making this application, do hereby declare that the information contained herein is, to the best of my
knowledge and belief, true, accurate, and complete in every particular.
CAPACITY IN WHICH APPLICATION IS MADE ............... (As Owner, Partner, Public Officer, Agent, Trustee etc.)
Signature....................................................................................... Date...........................................................
Signature....................................................................................... Date...........................................................
CONCESSIONAL RATE OF STAMP DUTY FOR CERTAIN RESIDENTIAL
OR BUSINESS PROPERTY
UNDER SECTION 75AE OF THE STAMP ACT 1921
1 ELIGIBILITY
The eligibility requirements differ depending on whether a residential or business property is being
purchased.
(a) RESIDENTIAL PROPERTY
A purchaser is eligible for a concessional rate of duty where:
• the property purchased includes a dwellinghouse;
• the value of the property for stamp duty purposes does not exceed $135,000;
• the property is conveyed or transferred to an ‘eligible purchaser’ or a combination of ‘eligible
purchasers’ and government bodies;
• the purchaser satisfies the definition of ‘eligible purchaser’, being;
− an individual (i.e. a natural person);or
− an individual who is an agent, trustee or otherwise acquiring property on behalf of a
beneficiary who is a natural person; and
− the individual or the beneficiary occupies or will occupy the property after purchase as his
or her principle place of residence for an indefinite period; and
• the property has not been received as a gift.
(b) BUSINESS PROPERTY
In contrast to the concession for residential property, the concession for business property is not limited to
natural persons and would be available to a company.
A purchaser is eligible for a concessional rate of duty where:
• the business property includes a business undertaking;
• the value of the dutiable property for stamp duty purposes does not exceed $135,000;
• the purchaser satisfies the definition of ‘eligible purchaser’. That is, a person who:
− is not a government body;
− after purchasing the property will carry on the business undertaking that is or is part of the
property; and
− intends to carry on that business for an indefinite period;
• All purchasers are ‘eligible purchasers’; and
• The property has not been received as a gift.
2 CONCESSIONAL RATE
The concessional rate of stamp duty is $1.50 per $100 up to $100,000 and $5.50 per $100 from $100,001 to
$135,000.
S208 06/03
3 LODGEMENT OF APPLICATIONS
Where duty has not been paid, applications for a concessional assessment should accompany the relevant
instruments when they are submitted for stamping.
Where the duty has been paid, an application for a reassessment should be lodged with the instrument, or if it
is registered at the Department of Land Administration, a photocopy of that instrument at:
Applications to: Enquiries:
Office of State Revenue Telephone: (08) 9262 1100
Plaza Level, Mt Newman House
1300 368 364
200 St Georges Terrace
PERTH WA 6000 (WA country STD callers only – local call charge)
Facsimile: (08) 9226 0834
Post to: E-mail: stampduty@dtf.wa.gov.au
Office of State Revenue Website: www.osr.wa.gov.au
GPO Box T1600
PERTH WA 6845
4 OTHER REBATES OR CONCESSIONS YOU MAY BE ENTITLED TO
A person may be eligible to apply for a reduction of stamp duty of up to $500 when purchasing a dwellinghouse
or vacant land as a First Home Owner in certain circumstances under the provisions of section 75AG of the
Stamp Act 1921 and in respect of a mortgage or other security instrument under the provision of section 83 of
the Act.
Details of these further concessions are contained in FACT SHEETS available from the Office of State
Revenue or the website at www.osr.wa.gov.au.
Note: The information contained in this FACT SHEET is issued for guidance purposes only. It is not an
exhaustive explanation of the provisions of the Stamp Act 1921 and reference should be made to the Act
for complete details.
S208 06/03
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