Stamp Duty Calculator

Understanding Stamp Duty

Stamp duty is a tax imposed on legal documents, particularly those involving the transfer of property. It’s calculated based on the property’s market value or purchase price. Rates vary by location and property type. It’s typically paid by the buyer and must be factored into the total cost of a property transaction. Some jurisdictions offer concessions, especially for first-time home buyers. While often associated with real estate, stamp duty can also apply to vehicles and other significant assets.

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