Video: Amendments To The Stamp Duty Act - Bernews
Video: Amendments To The Stamp Duty Act - Bernews
Oct 17, 2023
bernews.com
Stamp Duty: Meaning, rates, impact on buyer
Stamp Duty: Meaning, rates, impact on buyer
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📢 The Stamp Duty Changes Are Here! As of 1st April 2025, the new Stamp Duty Land Tax (SDLT) rates are officially in effect. If you’re investing in property, these changes could impact your costs and returns—so it’s essential to know where you stand. This video breaks down the new rates so you can stay informed and make smarter investment decisions moving forward. 💬 Question for my fellow investors: Will today’s SDLT changes affect your property investment plans? Let me know your thoughts below
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🎄Day 5 - Hidden Costs When Buying a Home: Stamp Duty 💲💲 Stamp Duty (also called Transfer Duty) is a tax you pay to your state government when you buy property. And the more expensive the property, the more duty you pay. This can cost you tens of thousands! In NSW, stamp duty on an $800k home is roughly $31,000. On a $1M home? Around $40,000. ✨ Good News for First Home Buyers: If you’re buying a new or existing home under $800,000 you are exempt from paying stamp duty. To qualify you must: 👱‍
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