We can all agree that stamp duty is bad. What we need is a better alternative. Stamp duty is a bad tax. I’m not just saying that because I need to buy a bigger house. It’s a bad tax for reasons bigger than my own hip pocket. And I’m far from alone in thinking this.…
Tag: stamp duty rates NSW
The NSW Budget was delivered this week on 18 June 2013. As expected, it failed to reinstate the First Home Owners Grant for existing properties, although the First Home Owners Grant on new homes was extended to 1 January 2016 (it was due to be reduced to $10,000 on 1 January 2014). For real estate…