[s. 3, 9, 26 and 184]
[Heading amended: No. 16 of 2022 s. 24(1).]
[Heading inserted: No. 16 of 2022 s. 24(2).]
Dutiable value (rounded down to nearest whole dollar) |
General rate of duty |
---|---|
$0 — $120 000 |
$1.90 per $100 or part of $100 |
$120 001 — $150 000 |
$2 280 + $2.85 per $100 or part of $100 above $120 000 |
$150 001 — $360 000 |
$3 135 + $3.80 per $100 or part of $100 above $150 000 |
$360 001 — $725 000 |
$11 115 + $4.75 per $100 or part of $100 above $360 000 |
$725 001 and upwards |
$28 453 + $5.15 per $100 or part of $100 above $725 000 |
[Division 1 inserted: No. 16 of 2022 s. 24(2).]
Division 2 — Concessional rates
[Heading inserted: No. 16 of 2022 s. 24(2).]
Concessional transaction |
Dutiable value (rounded down to nearest whole dollar) |
Concessional rate of duty |
---|---|---|
s. 143 | | |
If the property includes a home |
$0 — $430 000 |
Nil |
|
$430 001 — $530 000 |
$19.19 per $100 or part of $100 above $430 000 |
If the property does not include a home |
$0 — $300 000 |
Nil |
|
$300 001 — $400 000 |
$13.01 per $100 or part of $100 above $300 000 |
s. 147 |
$0 — $120 000 |
$1.50 per $100 or part of $100 |
|
$120 001 — $200 000 |
$1 800 + $4.04 per $100 or part of $100 above $120 000 |
[Division 2 inserted: No. 16 of 2022 s. 24(2).]
The amount of nominal
duty is $20.00.