What is a stamp duty concessional rate?

Sep 20, 2022, 09:05 AM
Title : What is a stamp duty concessional rate?
his concessional rate of duty applies to a purchase of:

a) A residential property valued at less than $200,000, which will be the primary place of residence for the purchaser; or
b) A business where dutiable value is less than $200,000, which the purchaser intends to continue to run indefinitely.

 

What are the concessional stamp duty rates?

DUTIABLE VALUEDUTY THRESHOLDS
$0 – $100,000$1.50 per $100 or part thereof 
$100,001 – $200,000$1,500 + $4.39 per $100 or part thereof above $100,000

 

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