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Stamp Duty

One of the main upfront costs for buying a home is stamp duty.

But what is stamp duty and when do you need to pay it?

At a basic level, stamp duty is tax which is imposed on various acquisitions including real estate, cars and assets belonging to a business. Further, it can also be charged on home loans, gifts and some insurances.

For real estate, stamp duty is payable within 30 days of settlement of you new property.

For a Stamp Duty Calculator please click here.