Product Information
What is included in the Cleardocs service?
The Cleardocs service includes:
- electronic lodgement of your trust with the SRO for assessment and payment of stamp duty; and
- an official SRO digital Certificate of Duty will be generated confirming stamping of the trust deed.
What information do I need to arrange for payment of stamp duty through Cleardocs?
If you created the trust deed using Cleardocs, we will already have the required information.
If your trust is not a Cleardocs trust, you will need to provide to us:
- the type of trust;
- the name of the trust;
- the date the trust was established;
- the details of the trustee; and
- a copy of the trust deed.
Does Cleardocs arrange payment of stamp duty for deeds in other states and territories?
At present, Cleardocs can only arrange for Victorian deeds to be assessed for stamp duty.
For other states and territories, you should contact the relevant revenue office to check the current requirements — the details of each revenue office in Australia is set out below:
How long does it take for the deed to be stamped?
After we receive your payment, we will electronically lodge your trust with the SRO for assessment and payment of stamp duty. The SRO's expected turnaround time to issue their certificate is 3 business days.
If the SRO has any issues processing the deed for stamping, we will contact you to advise the reason and obtain the further required information.
Late payment of stamp duty
Under the law, you are required to pay stamp duty on trust deeds established in Victoria, with the exception of superannuation trust deeds,
within 90 days of signing the deed. After 90 days, interest is imposed by the OSR. For deeds over 90 days old, Cleardocs cannot assist you
and you should contact the OSR directly to arrange stamping.
Seek legal advice
The stamping information here should be considered general in nature, and in no way interpreted as legal advice. You must always seek your own independent legal, accounting and financial advice about your particular situation. The summary on this page is for information purposes only.