Self assessor information—SA1

Top call centre questions

What is unpaid tax interest (UTI) and when is it payable?

UTI is interest that is imposed on primary tax that remains unpaid from the UTI start date (the day after the tax was due to be paid). UTI will continue to accrue from the UTI start date until the primary tax is fully paid. UTI may also apply if a transaction statement is lodged late. See Unpaid tax interest and penalties for more information.

Who is the liable party for any unpaid tax interest (UTI) or other penalties?

The parties to a transaction are normally liable for any outstanding tax, interest and penalties on that transaction. Agent self assessors are not personally liable to pay UTI. However, an agent self assessor may be liable to pay a penalty amount in certain circumstances.

Do I have to endorse easements?

Yes. An easement is an acquisition of a new right, and as such, is dutiable.

How can I pay?

You can pay by cash, bank cheque or solicitor’s trust fund cheque. Electronic payments can be made by electronic funds transfer (EFT), BPay or direct debit. If you wish to pay by EFT, and you are a member of the Queensland Law Society (QLS), you must apply for approval from QLS before making electronic payments.

How do I assess section 30 aggregations?

Section 30 of the Duties Act 2001 applies to dutiable transactions that together form or gives effect to 1 arrangement. These transactions must be aggregated. Duty must be assessed on the total of the dutiable values of the transactions when the liability for duty for each of the transactions arose, and apportioned between the transactions.

See aggregation of dutiable transactions for more information.