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Enter transaction—transfer of business assets

eLearning simulation

 The following simulation will show you how to:

  • open a new transaction statement
  • enter a business assets transaction.

See background information for more information about this topic.

The simulation will open in a new window and play back automatically. However, you can pause, fast forward, or rewind the simulation at any time. The image below shows you how.

When you are finished, click the red x to return to this page.

Click the link below to begin.

 

Enter transaction—transfer of business assets

Play bar image

Background information

Transfer duty applies to the purchase of a business or the assets of a business in Queensland.

This lesson shows you how to enter a transfer of business assets into OSRconnect.

The payment due date is 14 days from the lodgement of the transaction statement.

UTI may start accruing before the payment due date if the documents are lodged late.

Print it

You can print this step-by-step guide (PDF 105 K) for reference.