Stamp Duty
Stamp Duty – What is it?
Overview
Stamp duty is a tax applied to all real estate purchases. Payment rates and dates vary between states; In New South Wales, stamp duty is due within three months of settlement.
It is one of three costs involved in real estate transactions:-
- Home deposit;
- Mortgage payments; and
- Stamp duty.
Stamp / Land Transfer Duty Calculation – New South Wales
Standard transfer duty calculations from 1 July 2020
Premium transfer duty calculation (residential properties over $3 million)
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Contact: Phone: (+61 2) 8226 5555
Fax: (+61 2) 8226 5556
Email: reception@carneys.com.au