| Duty Type and Duty Base | Rate |
| Conveyance Duty - Greater value of property's unencumbered market value or consideration |
5.4% if value > $500,000, Otherwise: - Duty = 0.065V2 + 21V where V is value/1000 |
| Marketable security duty: |
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| - Conveyance of marketable securities that are not quoted on a recognised financial market - Greater value of consideration paid or unencumbered market value | $0.60 per $100 or part thereof |
| Lease Duty - Rent . (Note: lease premiums, fines or foregifts are dutiable at "conveyance duty" rates) |
$0.50 per $100 or part thereof |
| Hiring Duty - Total amount received under a hiring arrangement |
1.8% |
| Insurance Duty: - General insurance - Amount of premium |
10% |
| - Life insurance - Sum insured | $0.10 per $100 |
| Motor Vehicle certificates of registration - Vehicle's purchase price (or market value where sale is not at "arms length") |
$3 per $100 or part thereof |
| Electronic debits duty - Fixed duty for each debit transaction by electronic means |
$0.10 for each electronic debit |
| Miscellaneous/Nominal Duty: - Deed |
$20 |
| - Instrument of appointment of any trustee | $20 |
| - Counterparts or copies | $5 |
| - Instrument to correct error | $20 |
| 1. | Conveyance other than a conveyance of a description referred to in paragraph (2), (3), (4) or (5), where the amount of the consideration or the unencumbered value of the property the subject of the conveyance or transfer (whichever is the higher), does not exceed $500,000 duty is calculated in accordance with the formula : | ||
| D = (0.065 x V2) + 21V Where: D = the duty payable in dollars $ And V = the unencumbered value of the property, the subject of the conveyance/1000. Where the conveyance exceeds $500 000, a rate of 5.4% applied to the unencumbered value. |
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| 2. | Conveyance to or by persons as joint tenants where one or more of those persons retains an interest in the conveyed property is calculated at the rate specified in paragraph (1) above plus $5.00 | ||
| 3. | Partition of land – Where consideration is given or agreed to be given or where partition is unequal, duty is calculated on the unencumbered value of the additional portion making up the larger part, at the rate specified in paragraph (1) above. In any other case a flat duty of $20.00 applies. |
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| 4. | Conveyance made subsequent to and in conformity with an agreement or agreements for the conveyance and the agreement or agreements has or have been stamped with ad valorem duty a flat duty of $5.00 applies. | ||
| 5. | Grant by the Territory of an estate in fee simple in land or a convertible Crown lease where monetary consideration is given or agreed to be given, duty is calculated on the amount of monetary consideration at the rate specified in paragraph (1) above. | ||
Duty is imposed on the unencumbered value of the property included in the order at the same rates as apply to conveyance under paragraph (1) and (2) above.
In consideration of a sum of money
by way of premium, fine, or foregift, and also of rent whether real or nominal –
On the amount of the premium, fine or
foregift, the same duty as on a conveyance under paragraph (1) of item 5 in this
Schedule.
| 1. | In respect of a lease for a definite term without any consideration by way of premium, fine or foregift where the total rent payable during the term of the lease divided by the number of months (for this calculation, "month" includes part of a month) in the term of the lease and multiplied by 12 equals – | ||
| (a) | (a) $30 000 or less duty of NIL is imposed | ||
| (b) | more than $30 000 50c per $100 or part thereof of total rent payment during the term of the lease | ||
| 2. | In respect of a lease where there is an indefinite term. On an amount assessed by the Commissioner to be the equivalent of one year's rent on average within the terms of the lease or agreement (whether the lease or agreement runs for longer than one year or not) for every $100 and also for any remaining fractional part of $100 so assessed $1.00 | ||
| 3. | In consideration of a sum of money by way of premium, fine or foregift without rent. The same duty as on a conveyance under paragraph (1) of item 5 in this Schedule | ||
| 4. | And on the rent the same duty as on a lease under paragraph (1) hereof | ||
| 5. | Where – | ||
| (a) | there is no consideration in money or money's worth; or | ||
| (b) | notwithstanding paragraphs (1) to (4)
inclusive, the consideration is, in the opinion of the Commissioner, nominal The same duty as on a conveyance under paragraph (1) of item 5 in this Schedule |
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| 6. | Of any other kind whatsoever - $20.00 | ||
| 7. | A lease made subsequently to and in conformity with a contract or agreement to grant such lease duly stamped - $5.00 | ||
Deed (but not a deed that is the security for the repayment of money) of any kind whatsoever, not otherwise chargeable under this Schedule, including any instrument which under the provisions of any statute (other than the Land Title Act) is given the operation or effect of a deed either before or after registration stamp duty of $20.00
Return to topDuty of $20.00 is imposed
On a counterpart or copy of an instrument upon which duty has been paid, $5.00 is imposed. Copy of original instrument, being a copy where by the original has not been stamped. The same duty as on the original instrument is imposed.
On an instrument which the Commissioner is satisfied is executed solely to correct an error in or effected by an instrument upon which duty has been paid $20.00 applies.
Duty of 1.8% of the total amount received under a hiring arrangement or $9,000, whichever is the lesser is imposed.
On a motor vehicle certificate of registration an amount equal to $3 for every $100, or fractional part of $100, of the dutiable value of the motor vehicle.
For policies of insurance excluding a policy of life insurance, or policy under
the Work Health Act duty is imposed:
| 1. | upon every policy and every renewal of a policy of insurance for a term of one year or less at 10% of the amount of the premium; | |
| 2. | upon every policy and every renewal of policy of insurance for a term of more than one year, in respect of each year and also of any fractional part of a year in the term at 10% of the amount of the premium. |
| 1. | upon every policy (other than a temporary or term insurance policy), duty is imposed of $0.10 for every $100 and for any fractional part of $100 of the sum insured; | |
| 2. | upon a temporary or term insurance policy, duty is imposed of 5% of the first year's premium. |
| 1. | Upon the conveyance of any marketable security that is not quoted on a recognised financial market, for every $100 and also for every remaining fractional part of $100 of the consideration or the unencumbered value (whichever is the greater), duty is imposed of $0.60. | |
| 2. | Conveyance made subsequent to and in conformity with an agreement or agreements for the conveyance and the agreement or agreements has or have been stamped with ad valorem duty. No duty is chargeable. |
Stamp Duty is imposed at a rate of $0.10 for each debit transaction made by electronic means from an account held in the Territory.