Hand-in-Hand Teaching Guide to fill in Transfer Papers Wa
How to use The Transfer Papers Wa?
Hi, I’m Kat.In this video I’m going to explain vehicle licence duty.What it is, how it works, and where to find more information.First, let’s look at what it is.If you buy a new or used vehicle, you must pay Vehicle Licence Dutywhen a licence is granted or transferred.This is a one-off payment you make to the State Government.In WA, the payment amount depends on what’s called the vehicle’s ‘dutiable value’.For new vehicles, this is the recommended retail price, including any optional features.It’s set by the manufacturer, importer, or principal distributor.For used vehicles, this is the amount the vehicle can reasonably be sold for on theopen market on the day your application is processed, not the purchase date.This is the case even if you buy an unlicensed vehicle and apply to get it licensed some time later.For used vehicles, the dutiable value can include things like dealer delivery charges,and features such as window-tinting, speakers, paint and rear spoilers.Websites like redbook.com.au or carsguide.com.au can help you estimate the value of your vehicle.You must declare the purchase price and an estimate of the dutiable value when you transfera licence using the DoT Direct website, as well as when you complete these forms:A Notification of Change of Ownership MR9 Form, orAn Application to Licence a Vehicle VL17 Form.Bear in mind that the dutiable value may be different to the price you paid for the vehicle.For example, the dutiable value may be increased by any improvements made to the vehicle afterthe purchase date, but before the licence application date.What if you receive a vehicle for free or at a significantly discounted price?Well, you still need to declare an estimate of its dutiable value.It’s important to get this correct.Penalties may apply if the dutiable value is declared incorrectly.The Office of State Revenue conducts regular reviews of vehicle licence duty.To verify the dutiable value you declare, keep records such as bank statements, invoicesand advertisements for five years after licensing or transferring the vehicle.We may reassess duty if you don’t have supporting documentation.For more information on Vehicle Licence Duty, please visit WA.gov.auor the Department of Transport website.Alternatively, you can ask a Department of Transport representative or phonethe Office of State Revenue on 9262 1100.