SEO Marketing

  • CLIENT

    Tata Chemicals

  • DATE

    14 July, 2021

  • WEBSITE

    info@dexignzone.com

Detail Oriented

Project Overview

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English.

  • We support programs that create advancement opportunities for people.
  • Get a view of events and trends. Be updated on our recent news.
  • Finally it all comes down to people. Creating a winning team.
  • Get a view of events and trends. Be updated on our recent news.
Image
Image
Image
Image
Image
Image

Victoria

Stamp Duty – Non Principal place of Residence Rate
For the purchase of any other property (i.e. not Principal place of residence).

Dutiable ValueDuty Threshold
$0 – $25,0001.4 per cent of the dutiable value of the property
> $25,000 – $130,000$350 plus 2.4 per cent of the dutiable value in excess of $25,000
> $130,000 – $960,000$2,870 plus 6 per cent of the dutiable value in excess of $130,000
More than $960,0005.5 per cent of the dutiable value

Premium Stamp Duty:
From 1 July 2021, the duty payable increase to $110,000 plus 6.5% of the dutiable value of more than $2 million.

Stamp Duty – Foreign Purchaser:
The foreigner buyer duty surcharge is 8%.

Stamp Duty – Principal Place of Residence (PPR) Rate
For the purchase of a home (which will be used as Principal place of residence) for contracts entered into on or after 6 May 2008.

Dutiable ValueDuty Threshold
$0 – $130,000The Principal place of residence (PPR) concessional rate does not apply.
> $130,000 – $440,000$2,870 plus 5 per cent of the dutiable value in excess of $130,000
> $440,000 – $550,000$18,370 plus 6 per cent of the dutiable value in excess of $440,000
More than $550,000The Principal place of residence (PPR) concessional rate does not apply.

Stamp Duty – First Home Buyer Concession

VIC abolishes stamp duty for both new and existing properties under $600,000. First home buyers purchasing a property between $600,000 and $750,000 also receive a tapered discount.

If a first home buyer purchases vacant land to build a new home to be their principal place of residence, the home must be built within 12 months for the FHB concessions to apply (choose “Yes” for the Option “Are you first home buyer”). If the buyer takes more than 12 months to build the home, they are not eligible for the First Home Buyer Concession (choose “No” for the Option “Are you first home buyer”).

Pensioner Exemption Concession An exemption if a home valued at $600,000 or less, or a concession if a home valued from $600,001 to $750,000.

Mortgage Registration Fee 2025 – 2026:

(a) Paper Transaction: $135.80 (b) Electronic Transaction: $125.70

Land Transfer Fee:
(a) Paper Transaction Fee: the sum of $111.80 plus $2.34 for every whole consideration, the maximum fee is $3,621.00

(b) Electronic Transaction Fee: The sum of $101.50 plus $2.34 for every whole consideration, the maximum fee is $3,611.00

First Home Owner Grant: $10,000 if property valued up to $750,000.