|
TRANSFER DUTY |
|
Top rate of general
transfer duty |
NSW |
VIC |
QLD |
ACT |
|
5.5% |
5.5% |
5.25% |
6.75% |
|
WA |
TAS |
NT |
SA |
| |
5.15% |
4.0% |
4.95% |
5.5% |
| PAYROLL TAX 2010/2011 |
| State |
Rate |
Exemption threshold |
| NSW |
5.50%* |
$658,000*** |
| VIC |
4.90% |
$550,000 |
| QLD |
4.75% |
$1,000,000 |
| ACT |
6.85% |
$1,500,000 |
| SA |
4.95%** |
$600,000**** |
| WA |
5.5% |
$750,000 |
| TAS |
6.10% |
$1,010,000 |
| NT |
5.9% |
$1,250,000 |
* In New South Wales, the payroll tax rate was reduced from 5.75% to 5.65% from 1 January
2010 and will be reduced further to 5.5% from 1 July 2010 and to 5.45% from 1 January 2011.
** In South Australia, the tax rate was reduced from 5% to 4.95% from 1 July 2009.
*** In New South Wales the annual threshold was increased from $638,000 from 1 July 2010.
**** The annual threshold in South Australia was increased from $552,000 to $600,000 from 1
July 2009.
Last updated: July 2010
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