Each state has their own specific Duties Act, and as such, its own amount of duty payable and the time frame in which duty must be paid to the relevant Duties Agent. The table below demonstrates the duty payable in all states and territories in Australia, as well as the time periods in which duty must be paid:
|
STATE: |
DUTY PAYABLE: |
WHEN MUST DUTY BE PAID: |
|
NSW |
$500 for original and $10 per duplicate stamped (on or before 31 January 2024 ) ($750 plus $20 for duplicates on or after 1 February 2024) |
Within three months |
|
QUEENSLAND |
$0 on trusts created by declaration or cash settlement |
No time frame |
|
VICTORIA |
$200 |
Within 30 days |
|
AUSTRALIAN CAPITAL TERRITORY |
No duty payable |
No time frame |
|
NORTHERN TERRITORY |
$20 for the original and $5 per duplicate |
Within 60 days |
|
WESTERN AUSTRALIA |
No duty payable |
No time frame |
|
SOUTH AUSTRALIA |
No fee, but can be stamped on request for free |
No time frame |
|
TASMANIA |
$50 |
Within 90 days |
