Taxes, Fees & Government Charges

An ATO certificate obtained by an Australian-resident property seller to confirm that a purchaser need not withhold foreign resident capital gains withholding from the sale.

Tax applied through the income-tax system to a taxable capital gain, such as a profit made when an investment property is sold.

An income-tax deduction that may be available over time for eligible construction expenditure on an income-producing building or structural improvement.

Annual charges levied by the local government to fund services and facilities.

Assets with a limited effective life whose decline in value may be deductible when used to produce rental income, subject to tax rules.

The value RevenueWA uses to calculate duty on a transaction, commonly based on the greater relevant taxable value under the rules.

A WA duty rule that can treat related transactions forming substantially one arrangement as a single dutiable transaction.

A WA levy collected from property owners to fund fire and emergency services.

The federal fee payable when a foreign person lodges a residential property application.

A one-off WA payment of up to $10,000 for eligible first-home buyers who buy or build a new home or a substantially renovated home.

A concessional WA transfer-duty rate for eligible first-home buyers purchasing a home or vacant land.

A rule requiring a buyer to withhold 15% from an Australian real-property sale unless the vendor provides the required clearance or variation.

An additional 7% WA duty on the dutiable value of residential property acquired by a foreign person or entity.

Landgate's estimate of the total annual rent a property might reasonably earn, including specified outgoings.

A method an eligible GST-registered seller may use to calculate GST on the margin for a taxable property sale rather than on the full sale price.

Goods and Services Tax treatment that can apply when new residential premises or potential residential land are sold as part of an enterprise.

A process that can require a purchaser of new residential premises or potential residential land to pay a notified GST amount directly to the ATO at settlement.

A WA grant of up to $2,000 that can reimburse eligible first-home buyers for certain incidental purchase costs.

An annual WA tax based on the aggregated unimproved value of taxable land owned at midnight on 30 June.

The WA method of assessing land tax on the combined taxable value of land held in the same ownership rather than calculating each property in isolation.

An annual charge that may apply with land tax to taxable land in the Perth metropolitan region.

A WA land-tax exemption that can apply when eligible privately owned land is used as the owner's primary residence at the relevant assessment time.

A report estimating eligible capital works and depreciating-asset deductions for an income-producing property over applicable periods.

The WA Government business unit that administers state duties, land tax and property-related grants and concessions.

A WA tax charged when ownership or certain interests in property are transferred.

The assessed value of land without the value of houses, buildings or other improvements.

A federal annual charge that can apply when a foreign-owned dwelling is not residentially occupied or genuinely available for enough days in the vacancy year.

Charges attached to a WA property for services such as water supply, sewerage and drainage, separate from metered water use.