Archives: June 2018

Stamp Duty Act

Conveyance or transfer on sale of land fees Land transfer or general transfer stamp fees are based on the value of the transaction. The fee is calculated on a sliding scale, with different portions of the transfer taxed differently, as follows: Amount or value Stamp duty fees On the first $100,000 2 per cent On the next $400,000 (up to $500,000) 3 per cent On the next $500,000 (up to $1 million) 4 per cent…

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