- Transfer duty - Revenue NSW
You must pay transfer duty – once known as stamp duty – in NSW when you buy: property, including your home or holiday home; an investment property; vacant land or a farming property; commercial or industrial properties, or; a business, which includes land You must also pay transfer duty when you acquire land, or an interest in land
- Buying a property - Revenue NSW
When you buy a property in NSW, you may have to pay taxes and duties We’ve set out some of the more common ones below, as well as our process for assessing them You can use the residential property buyer tool to find out the taxes and duties you may need to pay, as well as exemptions and grants that you are entitled to receive
- First home buyers - Revenue NSW
First home buyers in NSW may be eligible for a duty exemption, concession and or a grant Are you eligible for home buying assistance? House hunters can now use the Home Buyer Assistance Finder on nsw gov au to easily check their eligibility for the three main programs provided by the NSW Government
- First Home Buyers Assistance scheme | Revenue NSW
If you are a first home buyer in NSW, you may be eligible for a full exemption or a reduced rate of transfer duty under the First Home Buyers Assistance Scheme On this page Are you eligible for home buying assistance?
- Calculators - Revenue NSW
We have calculators to help with payroll tax, transfer duty, duties, levies, land tax and first home buyer assistance scheme
- Surcharge purchaser duty - Revenue NSW
If you’re classified as a foreign person, you must pay a surcharge on the value of any residential land you buy This is known as surcharge purchaser duty and it is payable in addition to any transfer duty
- Deceased estate transfers - Revenue NSW
If you've received property from a deceased estate, 'in accordance with the terms of the will', you'll pay transfer duty at a concessional rate of $50 For transmission applications or transfers entered into on or after 1 February 2024, this will increase to $100
- Buying off the plan - Revenue NSW
If you don't meet the above residence requirement, you must pay duty within three months of the date of the contract If duty is paid after three months of the date of the contract, you must also pay interest and potentially penalty tax How to apply
|