What Is Stamp Duty? Stamp duty is a tax set by and paid to the relevant state revenue office. It is a tax you are required to pay for a transfer of land or the purchase of a vehicle. How Much Is Stamp Duty? Stamp duty depends on three factors: The state you live in The ...
QLD– $500,000 or less = No Duty : $550,000 or more = Full Duty NSW– $500,000 or less = No Duty : $600,000 or more = Full Duty ACT– $ 333,000 or less = $20 Duty : $412,000 or more = Full Duty (Income Tested) TAS– A concession of up to a maximum of $4,000 ...