Can you stamp trust deeds that are late and outside of the prescribed time frame?
We are able to stamp most deeds that are a little late, however if they are extremely late then we may not be able to assess online.
There may be interest to pay based on the time between signing the trust deeds and them being assessed for duty.
It's up the the relevant state revenue office to determine whether there will be penalties or interest to be paid for late assessments, and we are unable to calculate this until we attempt to process the duty online. As a guide, the VIC and NSW SRO will often waive penalty interest under $20 for deeds that are a few months late, but not if they are years late.
To avoid late interest fees from the SRO trust deeds should be stamped in Victoria within 30 days of signing and within 3 months of signing in New South Wales.
See more information about our trust stamping service.