Sun
A Little On Stamp Duty

Stamp Duty

Stamp duty is a State tax on documents and certain transactions, such as:-

  • Motor vehicle registration and transfer
  • Life and general insurance policies
  • Mortgages
  • Leases and hire arrangements
  • Transfer of real property or business assets
  • Transfer of non-quoted shares

There are different rates for each type of transaction and there are also a range of exemptions that apply in particular circumstances.
 
Duties are administered by the Office of State Revenue (or its equivalent) in each State.