Stamp duty cuts in NSW.Reports on the New South Wales government's announcement that the stamp duty has been abolished on homes worth up to $200,000 in Sydney's metropolitan area and up to $175,000 in country areas.MaddenBrucePersonal Investor...
There are many concessions available to first-home buyers in QLD, but if you do owe stamp duty it must be paid within 30 days of settlement. Learn more about Stamp Duty in QLD. Stamp Duty In Tasmania (TAS) Tasmania provides you with three months from the transfer date to pay any stamp...
NSW Premier Dominic Perrottet has been pushing for a move away from duty since he was treasurer. Initially, Mr Perrottet floated a plan where 80 per cent of homes across the state would have had the option of paying an annual land tax and all buyers – regardless of whether they were firs...
NSW Small Business Stamp Duty Exemption Declaration This declaration covers policies effected or renewed during the current financial year. The New South Wales Small Business stamp duty exemption came into effect on 1 January 2018 and applies to small businesses domiciled in NSW with turnover of ...
NSW mini-budget]]>Saunders, Megan
The NSW Government has introduced a Bill which, if enacted, will significantly change the current stamp duty regime within theDuties Act 1997(NSW) (Act). These amendments have been introduced 16 months after the Government announced its proposal to phase-out stamp duty in favour of...
It is unclear whether the Bill operates to prevent a “no duty risk” counterfactual. The consequence of this for a proposed transaction is that if duty was immediately payable on the transaction, a taxpayer cannot assert that it would not have proceeded with the transaction on the basis that...
The article reports on the plan of international airline companies to impose stamp duty in New South Wales. The industry is concerned about the issue because the country will become less attractive if it will follow other states in imposing stamp duty on their insurance policies leading to ...
NSW build-to-rent land tax and stamp duty reformsMulyono, CherieTaxation in Australia
Stamp Duty Is Now Payable on Call Option Nominations in NSWMaier, Brendan