{"id":9942,"date":"2023-05-24T12:30:10","date_gmt":"2023-05-24T02:30:10","guid":{"rendered":"https:\/\/landandleaseglenfield.com.au\/?p=9942"},"modified":"2023-05-24T12:30:10","modified_gmt":"2023-05-24T02:30:10","slug":"applying-for-first-home-buyer-choice","status":"publish","type":"post","link":"https:\/\/landandleaseglenfield.com.au\/?p=9942","title":{"rendered":"Applying for First Home Buyer Choice"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">General application &#8211; purchases dated from 16 January 2023<\/h3>\n\n\n\n<p>You will be required to complete the following two forms:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.revenue.nsw.gov.au\/help-centre\/resources-library\/forms\/fhbc\/oda083-jan-2023.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">First Home Buyer Choice application form PDF, 1067.19 KB.<\/a><\/li><li><a href=\"https:\/\/www.revenue.nsw.gov.au\/help-centre\/resources-library\/forms\/duty\/ODA-076I.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Purchaser\/Transferee Declaration form (individual). PDF, 713.32 KB<\/a><\/li><\/ul>\n\n\n\n<p>and supply&nbsp;<a href=\"https:\/\/www.revenue.nsw.gov.au\/help-centre\/resources-library\/evidentiary\/index\" target=\"_blank\" rel=\"noreferrer noopener\">evidentiary requirements<\/a>&nbsp;to your conveyancer or solicitor who will lodge your application with Revenue NSW as part of the conveyancing process.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Retrospective&nbsp;opt in<\/h3>\n\n\n\n<p>A transitional period is provided so that eligible purchasers who have paid transfer duty and completed the acquisition of their property, can apply to retrospectively opt into property tax.<\/p>\n\n\n\n<p>To be eligible to retrospectively opt into property tax, the following criteria must be satisfied:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>At the time the application is made, you meet all eligibility criteria to opt into property tax, and<\/li><li>At the time the application in made, the eligible purchasers are still the owners of the home or vacant land, and<\/li><li>Your application to retrospectively opt into property tax is submitted to Revenue NSW by 30 June 2023.<\/li><\/ul>\n\n\n\n<p>The transaction is one of the following:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>An agreement for sale or transfer of land entered into between 11 November 2022 and 15 January 2023, or<\/li><li>An off the plan purchase contract entered into between 11 November 2021 and 15 January 2022 which did not settle before 11 November 2022, or<\/li><li>An off the plan purchase contract entered into on or after 16 January 2022 and settled between 11 November 2022 and 15 January 2023 (inclusive).<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Evidence required during the application process includes:<\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li>Completed&nbsp;<a href=\"https:\/\/www.revenue.nsw.gov.au\/help-centre\/resources-library\/forms\/fhbc\/oda083-jan-2023.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">First Home Buyer Choice Application form (ODA 083)<\/a>.<\/li><li>Full signed copy of contract<\/li><li>Completed ODA 076i Purchaser\/transferee declarations for each purchaser\/transferee (original forms that were submitted with your assessment)<\/li><li>Duties Notice of Assessment<\/li><li>Evidence settlement has occurred (settlement statement, title search)<\/li><li>If the purchaser\/transferee is acting as trustee, details of the trust and all supporting documentation including any relevant stamped or endorsed declaration of trust<\/li><li><a href=\"https:\/\/www.revenue.nsw.gov.au\/grants-schemes\/first-home-buyer\/identity\" target=\"_blank\" rel=\"noreferrer noopener\">Certified proof of&nbsp;<\/a>identity documents:<ul><li>Category 1: Primary Identity document<\/li><li>Category 2: Photo and signature document<\/li><li>Category 3: Evidence of operating in the community<\/li><li>Category 4: Evidence of current residential address.<\/li><\/ul><\/li><\/ul>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>General application &#8211; purchases dated from 16 January 2023 You will be required to complete the following two forms: First Home Buyer Choice application form PDF, 1067.19 KB. Purchaser\/Transferee Declaration form (individual). PDF, 713.32 KB and supply&nbsp;evidentiary requirements&nbsp;to your conveyancer or solicitor who will lodge your application with Revenue NSW as part of the conveyancing&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[160],"tags":[],"class_list":["post-9942","post","type-post","status-publish","format-standard","hentry","category-purchases-dated-from-16-january-2023"],"_links":{"self":[{"href":"https:\/\/landandleaseglenfield.com.au\/index.php?rest_route=\/wp\/v2\/posts\/9942","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/landandleaseglenfield.com.au\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/landandleaseglenfield.com.au\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/landandleaseglenfield.com.au\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/landandleaseglenfield.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9942"}],"version-history":[{"count":1,"href":"https:\/\/landandleaseglenfield.com.au\/index.php?rest_route=\/wp\/v2\/posts\/9942\/revisions"}],"predecessor-version":[{"id":9943,"href":"https:\/\/landandleaseglenfield.com.au\/index.php?rest_route=\/wp\/v2\/posts\/9942\/revisions\/9943"}],"wp:attachment":[{"href":"https:\/\/landandleaseglenfield.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/landandleaseglenfield.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/landandleaseglenfield.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}