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What Is Stamp Duty?
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Every time you purchase a new property, the state government requires a tax, called Stamp Duty, to be paid. This tax is required on every property whatever the reason for purchase.
The government assesses the amount of Stamp Duty payable based on the selling price of the property you’re buying.
Each state government uses a different set of rules and calculations, making it difficult to work out how much you’ll have to pay. In most states there have recently been changes to Stamp Duty legislation for first home buyers. These changes vary from state to state. To find out more, click on the link below:
Stamp Duty Calculator
The team at Mortgage Providers have a wealth of knowledge and experience.
Please feel free to Contact one of our team today. We would love to hear from you!
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