Effect of our functions on the public
assessment of taxes and levies
imposition and remission of penalties and interest
inspection of records and documents by correspondence or at taxpayers’ premises
compulsory attendance of persons for examination under oath and the production of records
administration of the NSW Office of Liquor, Gaming and Racing functions.
The Duties Act 1997 requires duty to be paid to the government when certain transactions take place. The most commonly known categories are purchases of property, motor vehicles, shares and insurance. The Act also covers a range of other categories.
SDRO provides a centralised processing service for all penalty notices issued by the NSW Police Force, the RMS (camera-detected offences) and over 230 other agencies including local councils, semi-government bodies and other government departments. One of our key roles is notifying the RMS of offences that carry demerit points so it can update driving records.
First home benefits
OSR is responsible for administering various first home benefit schemes designed to assist home buyers to purchase their first home.
The First Home Plus and First Home Plus One schemes provide exemptions or concessions on transfer on homes valued up to $500 000 and concessions on duty for homes valued between $500 000 and $600 000.
Unclaimed money is money received from organisations which have held an inactive account for six years and where they have been unable to locate and return the money to the rightful owner.