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GST at settlement - ATO system upgrade

GST at settlement - ATO system upgrade

By Property and Environmental Law Section

ATO Conveyancing 

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The ATO is undertaking a major system upgrade over the Christmas and New Year break.

Clients (purchasers and their representatives) will be unable to lodge Form 1 or Form 2 from 6.15pm 24 December 2019 until 6.00am 2 January 2020.

Action to take if a property settles over the break:

  • Form 1 and Form 2 lodged before the break: make payment during the break to the ATO using the payment reference number (PRN) received from Form 1. You will receive email confirmation after 2 January 2020, but there may be some delays.
  • Form 1 lodged before the break: make the payment during the break to the ATO using the PRN received from Form 1. Lodge Form 2 as soon as feasible on or after 2 January 2020. Once payment and Form 2 are processed you will receive your email confirmation, but there may be some delays.
  • No forms lodged: don't make the payment during the break, lodge both forms as soon as feasible on or after 2 January 2020 and make the payment with the PNR received from Form 1.

Please note: Clients that will have lodged Form 1 (up until 23 December 2019), and have indicated that they expect their property to settle during the shutdown, will receive an email directly from the project team on what to do.


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