Sheet 1: Instructions

	
	
	
	

		

 
		
		


		


	
	

		
Instructions on how to report property sold under a New (or near-new) dwelling exemption certificate (NDEC/NNDEC) sales
		


	
	

		
Use these instructions when completing the six-monthly sales report, for properties sold by developers to foreign buyers under a New or near-new dwelling exemption certificate. 
		


		


	
	

		
For more information about completing the report, refer to ato.gov.au/developerexemptioncertificates
		


		


	
	

		


		


		


	
	

		
Checklist
		


		


	
	

		
1. Use a separate form for each exemption certificate held and each six monthly reporting period. 
		


		


	
	

		
2. Only report sales that have occurred within the six-month reporting period. 
		


		


	
	

		
3. Only report sales where the sale contract has become binding (regardless of whether termination later occurred).
		


		


	
	

		
4. Pay the fees per sale in the reporting period, within 30 days of the end of the reporting period. To find out how, see ato.gov.au/developerexemptioncertificates 
		


		


	
	

		
5. Lodge the report by email in Excel format to FIRBcompliance@ato.gov.au within 30 days of the end of the reporting period.
		


		


	
	

		
6. You must complete all fields in the spreadsheet.
		


		


	
	

		


		


		


	
	

		
How to complete the Sales Report 
		


		


	
	

		
FIRB Approval Number
		
<List NDEC/NNDEC FIRB approval number for the development being reported on>
		


	
	

		
Date of Approval
		
<List NDEC/NNDEC FIRB approval date for the development being reported on>
		


	
	

		
Name of Developer
		
<List Developer name for the NDEC/NNDEC being reported on>
		


	
	

		
Name of Development
		
<List Development name for the NDEC/NNDEC being reported on>
		


	
	

		
Reporting Period
		
<List NDEC/NNDEC reporting period for the development being reported on>
		


	
	

		
Date of Report
		
<List the date report is completed. Optional: include the report number for the development>
		


	
	

		
Report number for the development 
		
<Number of previous six monthly reports submitted plus 1>
		


	
	

		
Will this be your last report?
		
<Yes or No>
		


	
	

		
Do any NNDEC sales reported relate to an Advance of the plan certificate issued pre 1 Dec 2015? 
		
<Yes or No or Not applicable>
		


	
	

		


		


		


	
	

		
Report instructions - how to report a sale by ownership type
		


		


	
	

		
Ownership type
		
Reporting instructions 
		


	
	

		
Sole purchaser
		
List each sale separately.
		


	
	

		
Joint tenant
		
List each joint tenant separately for each dwelling sold.
The purchase price is the sale price of the dwelling.
		


	
	

		
Tenants in common
		
List each tenant in common separately for each dwelling sold.
For each tenant in common, specify the share price of the property each person will hold .
		


	
	

		
Sole purchaser who is a company or trust
		
List the full details of the shareholders or beneficiaries with the majority shareholding for each dwelling sold.
		


	
	

		
End of worksheet