Expert insights Property 101: Changes to NSW Office of State Revenue conveyancing document lodgement service
Property 101: Changes to NSW Office of State Revenue conveyancing document lodgement service
Staff ReporterDecember 7, 2020
The Office of State Revenue is committed to the NSW Government’s target of having 70% of transactions conducted digitally by 2019.
One of our digital services, Electronic Duties Returns (EDR), allows authorised agents to process a wide range of Duties transactions from their office.
This service also allows solicitors and conveyancers to seamlessly integrate with e-Conveyancing platforms and services.
Currently, some legal firms continue to lodge documents for assessment that could be done via EDR, this is unsustainable.
Commencing 1 July 2016, conveyancing documents, which can be processed through the EDR system, will no longer be assessed by the Office of State Revenue.
This is the first step of the digital transformation for property with more to come in 2016 and through 2017.