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Stamp duty is a tax that everyone buying assets, like real estate, is needed to pay. When you’re planning on a new build, each state of territory sets their own level of stamp duty which often makes it difficult to understand exactly what costs you’ll incur. What makes it even more complicated is the variedContinue reading “Understanding Stamp Duty Concessions for Your New land”
Paramount will be home to a large, landscaped park with a play area for children, as well as a pavilion and other features. There is also a primary school within the estate, as well as a future planned elderly care facility. Best of all, you need not leave to indulge in a bit of retailContinue reading “5 Aspects That Every Real Estate Investor Should Aware”
Every property purchase comes with costs beyond the deposit and mortgage. But, it’s the quantity of land transfer duty (often mentioned as stamp duty) payable that’s likely to surprise you. To complicate things, there’s no standard rate of stamp tax in Australia. Instead, each state has its own rates, and therefore the money collected goesContinue reading “4 key things you need to know about stamp duty in Australia”
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