SAMPLE TAX INVOICE
SETTLEMENT STATEMENT FOR THE PURCHASE OF PROPERTY SITUATED AT * * * *
DATE OF ADJUSTMENT: Friday 6 August 2010
| |
Debits |
Credits |
To: Contract Price |
$655,000.00 |
|
Adjustment of Rates and Taxes |
|
|
Council Rates of $2,006.20 p.a. paid to 30/06/2011 (329 days) |
$1,808.33 |
|
Emerg. Services Levy of $109.25 p.a. paid to 30/06/2011 (329 days) |
$98.47 |
|
Water Rates of $846.44 p.a. paid to 30/09/2010 (56 days) |
$129.86
|
|
| |
|
|
Shared Government Search Costs |
$139.70 |
|
| |
|
|
| Searches and Disbursements |
$20.00 |
|
| GST on Searches and Disbursements |
$2.00 |
|
Conveyancing Fee
re: Taking instructions, Correspondence, preparation of discharge authority, Proceeds Authority, Settlement Statement. Obtaining loan indebtedness, signing, searching, attendance to Settlement at the Lands Titles Office. |
$400.00 |
|
GST on Conveyancing Fee |
$40.00 |
|
Registration of Transfer |
$4,303.00 |
- |
Stamp Duty on Transfer - includes stamp duty concession |
$29,855.00 |
- |
Deposit Paid |
|
$20,000.00 |
Westpac Banking Corporation |
|
$650,250.00 |
| AMOUNT DUE TO YOU AT SETTLEMENT |
|
$21,546.36 |
|
$691,796.36 |
$691,796.36 |
Total amount of GST paid on conveyancing fees and charges is $42.00 E & OE.
Once settlement occurs the real estate office is advised which means the purchaser can now have the keys - the property is his/hers to enjoy. |