Home buyer concession scheme

The Home Buyer Concession Scheme (HBCS) is an ACT Government initiative that assists people with buying their home or residential land.

From 1 July 2019, eligible applicants for the HBCS who enter into a transaction to purchase property on or after this date will be entitled to a full or reduced duty concession.

Prior to this, the HBCS offered eligible applicants a duty concession, calculated using the duty thresholds applicable to the transaction date. The concession was applied on a sliding scale from full duty being payable down to nil.

To view the eligibility requirements for the HBCS and determine the duty payable, select the period applicable to your transaction date below. This is the date of grant, transfer, or agreement for transfer (whichever is first – not the settlement date).

For full details of the scheme visit Home buyer concession scheme.

Find out if you're eligible What is the date (or proposed date) of your agreement, transfer of grant: exit / clear

All concessions and exemption applications at the ACT Revenue Office are self-assessed. You are obligated to ensure that all the eligibility criteria have been met (or will be met) before applying for any concession or exemption code in the Buyer Verification Declaration.

You should undertake your own inquiries into the eligibility requirements. This may include obtaining information from this website, legislation, or independent professional advice.