We provide information on the new EDR release on 15 April 2019:
The familiar “OSR Reference” which is seen on the Notice of Assessment to identify the Duties Assessment has been renamed to the Duties Assessment Number or “DAN”.
The reason for this change is to align with our:
Whether you have a “DAN” or an “OSR Reference” on your Duties Notice of Assessment you can enter either number into EDR as there is no change to the number itself.
We've introduced four new guidelines in EDR that relate to the Duties Act 1997:
There are additional valuation types available through EDR for use on a variety of documents. This provides a means to identify which type of valuation has been used as evidence:
For more information on requirements for valuation evidence please see the Revenue rulings:
Your use of the EDR for duties assessments is complementary to the use of an electronic lodgement network operator (ELNO) for digital settlement.
You'll notice the word “ELNO” is used within EDR to better reflect that there will be multiple electronic lodgement network operators (ELNOs) within the market. Similarly, functionality has been updated to ensure that any approved ELNO will be able to operate digitally in combination with EDR.
This is in support of the government’s policy of open competition.