Stamp Duty
Stamp duty varies across states and territories, and rates are charged at the discretion of the individual governments.
Stamp duty can be charged on a variety of transactions, such as:
- Insurance
- Property (i.e. land, businesses, etc.) transfers
- Motor vehicle transfer and rego
- Mortgage/lease
- Hire purchase
Property Transfers
When one purchases property you must make sure that you legally acknowledge your interest in it. It is best if this is done in a timely manner to secure your investment.
Generally, it is up to the purchaser to pay stamp duty and any other associated fees and charges – this is done around the time that the lodgement of official documents takes place.
The Stamp Duties Act allows for certain concessions such as that for the first home buyer, and people who are beneficiaries from a deceased persons will.
If you like more information or assistance regarding Stamp Duty, complete and submit the Express Enquiry form on the top right hand side of this page and we will contact you to discuss your enquiry or call us on 1300 QUINNS (1300 784 667) or on +61 2 9223 9166 to arrange an appointment.
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