{"id":281,"date":"2017-11-27T23:28:26","date_gmt":"2017-11-27T23:28:26","guid":{"rendered":"http:\/\/newgenholdings.nexty.com.au:81\/?post_type=ufaq&#038;p=281"},"modified":"2020-10-29T16:08:28","modified_gmt":"2020-10-29T05:08:28","slug":"what-is-stamp-duty","status":"publish","type":"ufaq","link":"https:\/\/newgenholdings.com.au\/en\/ufaqs\/what-is-stamp-duty\/","title":{"rendered":"What is Stamp Duty?"},"content":{"rendered":"<div  class=\"ewd-ufaq-faq-list ewd-ufaq-page-type-distinct\" id='ewd-ufaq-faq-list'>\n\n\t<input type='hidden' name='show_on_load' value='' id='ewd-ufaq-show-on-load' \/>\n<input type='hidden' name='include_category' value='' id='ewd-ufaq-include-category' \/>\n<input type='hidden' name='exclude_category' value='' id='ewd-ufaq-exclude-category' \/>\n<input type='hidden' name='orderby' value='date' id='ewd-ufaq-orderby' \/>\n<input type='hidden' name='order' value='desc' id='ewd-ufaq-order' \/>\n<input type='hidden' name='post_count' value='-1' id='ewd-ufaq-post-count' \/>\n<input type='hidden' name='current_url' value='\/en\/wp-json\/wp\/v2\/ufaq\/281' id='ewd-ufaq-current-url' \/>\n\t\n\t\n\t<div class='ewd-ufaq-faqs'>\n\n\t\t<div  class=\"ewd-ufaq-faq-div ewd-ufaq-faq-column-count-one ewd-ufaq-faq-responsive-columns- ewd-ufaq-faq-display-style-default ewd-ufaq-can-be-toggled\" id='ewd-ufaq-post-281-J3zIkteQ9P' data-post_id='281'>\n\n\t<div class='ewd-ufaq-faq-title ewd-ufaq-faq-toggle'>\n\t\n\t<a class='ewd-ufaq-post-margin'  href='#'>\n\n\t\t<div class='ewd-ufaq-post-margin-symbol ewd-ufaq-square'>\n\t\t\t<span >B<\/span>\n\t\t<\/div>\n\n\t\t<div class='ewd-ufaq-faq-title-text'>\n\n\t\t\t<h4>\n\t\t\t\tWhat is Stamp Duty?\t\t\t<\/h4>\n\n\t\t<\/div>\n\n\t\t<div class='ewd-ufaq-clear'><\/div>\n\n\t<\/a>\n\t\n<\/div>\n\t\n\t<div class='ewd-ufaq-faq-body ' >\n\n\t\t\n\t\t\t\n\t\t\n\t\t\t<div class='ewd-ufaq-post-margin ewd-ufaq-faq-post'>\n\t<p><strong>New homes<\/strong><\/p>\n<ul>\n<li>Buy a new home valued at less than $800,000, apply for a full exemption, and pay no transfer duty.<\/li>\n<li>Buy a new home valued between $800,000 and $1 million, and apply for a concessional transfer duty rate. The amount will be based on the value of your home.<\/li>\n<\/ul>\n<p><strong>Existing homes<\/strong><\/p>\n<ul>\n<li>Buy an existing home valued at less than $650,000, apply for a full exemption and pay no transfer duty.<\/li>\n<li>Buy an existing home valued between $650,000 and $800,000, and apply for a concessional transfer duty rate. The amount will be based on the value of your home.<\/li>\n<\/ul>\n<p><strong>Vacant land<\/strong><\/p>\n<ul>\n<li>You won\u2019t pay\u00a0<a href=\"https:\/\/www.revenue.nsw.gov.au\/taxes-duties-levies-royalties\/transfer-duty\" target=\"_blank\" rel=\"noopener noreferrer\"><u>transfer duty<\/u><\/a>\u00a0if your land is valued at less than $400,000.<\/li>\n<\/ul>\n<ul>\n<li>For land valued between $400,000 and $500,000, you\u2019ll receive a\u00a0\u00a0 concessional rate.<\/li>\n<\/ul>\n<p>To calculate your property transfer stamp duty, please click\u00a0<a href=\"https:\/\/www.apps08.osr.nsw.gov.au\/erevenue\/calculators\/landsalesimple.php\" target=\"_blank\" rel=\"noopener noreferrer\"><u>here.<\/u><\/a><\/p>\n<\/div>\n\t\t\n\t\t\t<div class='ewd-ufaq-faq-custom-fields'>\n\n\t\n<\/div>\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t<\/div>\n\n<\/div>\n\t<\/div>\n\n\t\n<\/div>","protected":false},"excerpt":{"rendered":"<p>B What is Stamp Duty? New homes Buy a new home valued at less than $800,000, apply for a full exemption, and pay no transfer duty. Buy a new home valued between $800,000 and $1 million, and apply for a concessional transfer duty rate. The amount will be based on the value of your home. Existing homes Buy an existing home valued at less than $650,000, apply for a full exemption and pay no transfer [&hellip;]<\/p>\n","protected":false},"author":1,"comment_status":"open","ping_status":"closed","template":"","ufaq-category":[],"ufaq-tag":[],"_links":{"self":[{"href":"https:\/\/newgenholdings.com.au\/en\/wp-json\/wp\/v2\/ufaq\/281"}],"collection":[{"href":"https:\/\/newgenholdings.com.au\/en\/wp-json\/wp\/v2\/ufaq"}],"about":[{"href":"https:\/\/newgenholdings.com.au\/en\/wp-json\/wp\/v2\/types\/ufaq"}],"author":[{"embeddable":true,"href":"https:\/\/newgenholdings.com.au\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newgenholdings.com.au\/en\/wp-json\/wp\/v2\/comments?post=281"}],"wp:attachment":[{"href":"https:\/\/newgenholdings.com.au\/en\/wp-json\/wp\/v2\/media?parent=281"}],"wp:term":[{"taxonomy":"ufaq-category","embeddable":true,"href":"https:\/\/newgenholdings.com.au\/en\/wp-json\/wp\/v2\/ufaq-category?post=281"},{"taxonomy":"ufaq-tag","embeddable":true,"href":"https:\/\/newgenholdings.com.au\/en\/wp-json\/wp\/v2\/ufaq-tag?post=281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}