Streamlining the stamp duty rate structure
The Minister for Finance, in his 2014 Budget Statement, introduced changes to the rate structure of the following types of stamp duty from a dollar-based to a percentage-based rate structure:
The illustration below gives details to the stamp duty changes which took effect on 22 Feb 2014.
You can access the Budget 2014 document here.
- Buyer's stamp duty
- Share transfer duty
- Lease duty
- Mortgage duty
The illustration below gives details to the stamp duty changes which took effect on 22 Feb 2014.
You can access the Budget 2014 document here.