Hi all,
If you want to buy a block, knock down the existing dwelling and then build a new house, what do you pay stamp duty on? (in Victoria) The block only?
Thanks,
Chris B
http://www.tradingsecrets.com.auHi Chris
I beleive it would be the transfer price. So what ever you pay for it.
Terryw
Discover Home Loans
North Sydney
[email protected]Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
The purchase price, regardless of what is on the block, be it vacant or with a dwelling on it.
You pay for what you get!!!
Check the following:
http://www.stampoutstampduty.com.au/rates.htm
for the stamp duty rates corresponding to each state.
Jo
Thanks guys.
Chris B
http://www.tradingsecrets.com.auThat’s a great site Jo. Many thanks, Tim.
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