Consolidating 17 paper-based forms into one Digital Duties Form
In June 2017, the State Revenue Office launched the Digital Duties Form to consolidate 17 paper-based forms.
The Digital Duties Form streamlines the submission process of duties forms resulting in eliminating duplication and improving efficiency in the conveyancing process. Data entered into the Digital Duties Form pre-populates into the Digital Duties Online (DOL) system so practitioners no longer need to manually enter the same data multiple times.
An analysis of the regulatory burden reduction by Deloitte shows a red tape saving of $13.6 million per year.