Pensioner duty concession scheme and deferral

The Pensioner Duty Concession Scheme (PDCS) assists eligible pensioners who own a residential home, to move to accommodation more suited to their needs – for example, moving from a house to a townhouse by reducing the conveyance duty payable on their purchase of a residential home or residential vacant land.

For transactions entered between 1 July 2019 and 30 June 2022, eligible pensioner who receive a partial duty concession may also be eligible to defer any remaining duty payable if they have at least 75 per cent equity in the property they purchase. From 1 July 2020, the Pensioner Duty Deferral Scheme provides for pensioners acquiring a property as a principal place of residence the opportunity to defer payment of conveyance duty.

To determine your eligibility for the PDCS you can complete the questionnaire below or for further information visit Pensioner duty concession scheme.