PSPREV017 — Determine stamp duties

1 Identify legislative, regulatory and procedural requirements relating to stamp duties.

• 1.1Maintain up-to-date knowledge of legislation, regulations, rulings, commissioner practices and organisational procedures about instruments and transactions that generally attract duties.
• 1.2Locate and confirm current rates and thresholds that apply to calculation of stamp duties, relative to the liability date.
• 1.3Identify and confirm eligibility and liability criteria related to stamp duties to ensure consistency of interpretation and application.
• 1.4Identify and confirm exemptions and concessions for instruments, transactions or organisations.

2 Assess stamp duties.

• 2.1Identify instruments and transactions liable for duty.
• 2.2Identify instruments and transactions exempt from duty or eligible for concessions and explain to customers in accordance with their requests.
• 2.3Implement general principles affecting stamp duties to ensure correct duty is applied.
• 2.4Identify parties liable to pay duty and confirm date of liability.
• 2.5Confirm lodgement and due dates and apply any interest or penalties incurred for late lodgement or payment.
• 2.6Apply rates of duty, confirm assessment and record decision.

3 Assess and process enquiries and complaints.

• 3.1Process enquiries and complaints in accordance with organisational procedures.
• 3.2Record decisions and notify taxpayers.
• 3.3Explain to taxpayers their rights to have decisions reviewed if they are dissatisfied.

What does an assessment tool for PSPREV017 need to cover?

To satisfy the Principles of Assessment and Rules of Evidence, an assessment for PSPREV017 needs to address all 25 unit components: 3 elements with 13 performance criteria, 5 performance evidence requirements, 5 knowledge evidence requirements, and the foundation skills. A coverage matrix mapping each question and task to these components is what an auditor looks for.

How does Auditori generate an assessment tool for PSPREV017?

Auditori pulls the current release of PSPREV017 from training.gov.au and generates a complete package: candidate assessment, assessor guide with model answers and observation criteria, and a coverage matrix mapping every component. A suitably qualified person then reviews and approves the draft in a built-in workflow — consistent with ASQA's guidance on AI use in VET — before export as branded PDF and editable Word.

Is the first assessment tool really free?

Yes. Every new account includes one free credit — enough to generate the complete assessment tool for PSPREV017 — with no card and no subscription required. After that it's pay-as-you-go per unit.

Can I check my existing PSPREV017 assessment instead of generating a new one?

Yes — upload your existing assessment or learner guide and Auditori maps it against every element, performance criterion, PE and KE of PSPREV017, showing exactly what's covered and what's missing. Mapping costs a quarter of a credit.