Home buyer assistance compliance

Compliance activities ensure home buyers benefiting from the First Home Owner Grant and any of the home buyer concession schemes we provide satisfy the eligibility criteria. 

All applications for benefits are checked to verify that applicants have met the eligibility criteria, including any income and residency requirements.

Applicants who are found to be ineligible for the schemes are required to repay the benefits.  They may also be liable for penalty tax and/or interest.

Activities undertaken to ensure compliance with home buyer assistance schemes include:

• identify and investigate applicants who fail to meet the residency requirements;
• verify undeclared domestic partnerships;
• investigate prior and current property ownership;
• verify undeclared amounts of income;  and
• investigate anonymous disclosures and tip offs.

Relevant links

• Record keeping
• Compliance
• Interest
• Penalties
• Circulars

Previous page Special Disability Trust duty exemption

Exchange of information

To assist in the identification and assessment of ACT taxes and grants we exchange information with other Revenue Offices and the Australian Taxation Office (ATO). 

The exchange of information with other Revenue Offices is in accordance with part 9 of the Taxation Administration Act 1999 (ACT) and similar legislation in the States and the Northern Territory.  The exchange of information with the ATO is in accordance with subsection 355-65 (5) Schedule 1 of the Taxation Administration Act 1953 (Cth).