All Topics / Finance / Stamp duty calculation

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  • Profile photo of LBHLBH
    Participant
    @lbh
    Join Date: 2007
    Post Count: 8
    November 4, 2011 - 10:53 am

    Hi there,
    I am just doing some calculations on buying costs for a property I am thinking about putting an offer on, and have a question about stamp duty. Is stamp duty payable when purchasing from a government department ie Ministry of Housing?
    Thanks,
    L

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024
    November 4, 2011 - 11:34 am

    Hi L

    Yes doesnt matter who the Vendor is SD is payable at the applicable rate.

    Cheers

    Yours in Finance

    Richard Taylor | Australia's leading private lender

    Profile photo of Ron the Mortgage BrokerRon the Mortgage Broker
    Participant
    @ron-the-mortgage-broker
    Join Date: 2011
    Post Count: 13
    November 10, 2011 - 12:42 am

    Hi L,

    Richard is correct,

    stamp duty is payable irrespective of the vendor

Viewing 3 posts - 1 through 3 (of 3 total)

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