Australian residents selling real property will need to obtain a clearance certificate prior to settlement to avoid incurring the 12.5% non-final withholding tax that is applicable to foreign residents. The Australian Taxation Office (ATO) requires 12.5% of the sale price to be withheld by the purchaser unless the vendor produces the clearance certificate indicating that they are an Australian resident.

New rules for foreign resident capital gains withholding (FRCGW) apply to vendors disposing of certain taxable property under contracts entered into from 1 July 2017. The changes will apply to real property disposals where the contract price is $750,000 and above (previously $2 million) and the FRCGW withholding tax rate will be 12.5% (previously 10%).
Please call (03) 98320660
to speak to a Property Withholding Clearance
Certificate Specialist

Transaction dates

Please, enter settlement date

Has your residency status changed since your last tax return or will it change before you sell the asset?

Please select one of the variants

Have you lodged an Australian tax return for the last two years?

Please select one of the variants

Are you holding the property on behalf of a foreign resident or on behalf of other entities that include a foreign resident?

Please select one of the variants

Select the declaration that applies to you:

OR
Please select one of the variants
Can't be blank
Please, enter the date of declaration
Vendor details Transaction dates {{fields.contractDate | date: 'dd/MM/yyyy'}} {{fields.settlementDate | date: 'dd/MM/yyyy'}} Contact person Clearance certificate application questions {{fields.residencyStatusWillChangedBeforeSell | yesno}} {{fields.lodgedAustralianTax | yesno}} {{fields.holdingPropertyOnBehalfOfForeignResident | yesno}}
Entity – Individual {{fields.individualEntity.dateOfBirth | date: 'dd/MM/yyyy'}} {{fields.individualEntity.migratingOrSettledInAustralia | yesno}} {{fields.individualEntity.australianReturningToLiveInAustralia | yesno}}
Employment contract or permanent employment
Exchange program or full time research
Full time education
Holidaying or casual employment
Visiting friends or relatives
Other reasons
{{fields.individualEntity.willStayForSixMonthsOrMore | yesno}}
Staying with family, friends Hotel, motel, hostel or caravan
Hotel, motel, hostel or caravan
University campus
Own or buying a home
Renting or leasing accommodation
{{fields.individualEntity.hasSpouseOrChildren | yesno}}
Currently living with you
Remaining overseas
Coming to live with you
Some with you and some remaining overseas
Australia
Overseas
{{fields.individualEntity.memberOfAnyGroupsInAustralia | yesno}}
{{fields.individualEntity.hasBeenInAustraliaForFixedPeriod | yesno}} {{fields.individualEntity.usualPlaceIsOutsideOfAustralia | yesno}} {{fields.individualEntity.willTakeUpResidenceInAustralia | yesno}}
Entity – Trust {{fields.trustEntity.trustee}} {{fields.trustEntity.isUnitTrust | yesno}} {{fields.trustEntity.anyPropertySituatedInAustralia | yesno}} {{fields.trustEntity.carryOnBusinessInAustralia | yesno}} {{fields.trustEntity.centralManagementInAustralia | yesno}} {{fields.trustEntity.australianResidentsHoldMoreThanHalfProperty | yesno}} {{fields.trustEntity.trusteeIsAustralianResident | yesno}} {{fields.trustEntity.centralManagementInAustralia | yesno}}
Entity – Trust {{fields.companyEntity.incorporatedInAustralia | yesno}} {{fields.companyEntity.anyPropertySituatedInAustralia | yesno}} {{fields.companyEntity.carryOnBusinessInAustralia | yesno}} {{fields.companyEntity.centralManagementInAustralia | yesno}} {{fields.companyEntity.votingPowerControlledByResidentsInAustralia | yesno}}
Entity – Super fund {{fields.superFundEntity.entityIsAustralianSuperfund | yesno}} {{fields.superFundEntity.fundEstablishedInAustralia | yesno}} {{fields.superFundEntity.centralManagementInAustralia | yesno}} {{fields.superFundEntity.fundHasAnyImportantMembers | yesno}} {{fields.superFundEntity.conditionForHalfIsResidentsOfAustralia | yesno}}
Declaration :
I declare that I am the vendor named in this form and the information contained in this form is true and correct
I declare that:
  • I am an agent or registered tax agent authorised to complete this form on behalf of the entity
  • the form has been prepared in accordance with the information supplied by that entity
  • I have received a declaration from that entity, stating that the information provided to me is true and correct, and
  • I am authorised by that entity to give this form to the Commissioner of Taxation
{{fields.declarationName}} {{fields.declarationDate | date: 'dd/MM/yyyy'}}