For example, first-home buyers in the ACT can spend up to $1,000,000 on a home and access theHome Buyer Concession Scheme. They would pay no stamp duty, but a non-first-time buyer would cost $34,504. In comparison, in South Australia, when you buy a residential property for the p...
To lodge a trust deed for stamping in Victoria, it must: be executed in Victoria; not contain identified or dutiable property; and be signed and dated by all relevant parties. Under the law, you are required to pay stamp duty on trust deeds established in Victoria, with the exception of ...
Vic stamp duty: value of work authority included in dutiable value of transfer of land.(Victoria)(real estate taxes)(Brief Article)Backeberg, AnneMarie
for all types of property, dutiable value is the higher value between the market price and the contract price. For practical purposes the contract price is usually the market price when you are buying on the open market (as opposed to selling between related parties). Situations...
For What It's Worth; Take That Now Familiar House-Buying Budget of around Pounds 1 Million; Allow for Stamp Duty, Personalisation of a Special Property, Moving Costs - and Perhaps a Decent Car. One Should Be Left with Pounds 850,000 or So to Cover the Actual Price Tag on a Choice of...