Department of Treasury and Finance logo

Department of Treasury and Finance
Rates of Duty
 
Options













Duty is charged on a sliding scale based on the greater of either the unencumbered value or the purchase price paid.

Unencumbered value is determined by multiplying the valuation last determined by the Valuer-General, by the appropriate adjustment factor for the relevant municipality. Adjustment factors and valuations can be obtained from the Land Information System Tasmania (LIST) external link icon.

Property Transfer Duty Calculator

The 2012-13 Tasmanian State Budget announced changes to the rates and thresholds for Property Transfer duty.

The following rates and thresholds will apply to transfers of dutiable property on or after 1 October 2012 unless other provision is made by Chapter 2 of the Duties Act 2001 external link icon.

Value of the property (including chattels)Duty payable
$0 – 1 300 $20
$1 300 – 25 000 $20 plus $1.75 for every $100, or part, by which the dutiable value exceeds $1,300
$25 000 – 75 000 $435 plus $2.25 for every $100, or part, by which the dutiable value exceeds $25,000
$75 000 – 200 000 $1,560 plus $3.50 for every $100, or part, by which the dutiable value exceeds $75,000
$200 000 – 375 000 $5,935 plus $4.00 for every $100, or part, by which the dutiable value exceeds $200,000
$375 000 – 725 000 $12,935 plus $4.25 for every $100, or part, by which the dutiable value exceeds $375,000
Over $725 000 $27,810 plus $4.50 for every $100, or part, by which the dutiable value exceeds $725 000


The following rates and thresholds apply to transfers BEFORE 1 October 2012.

Value of the property (including chattels)Duty payable
$0 – 1 300 $20
$1 301 – 10 000 $1.50 for every $100, or part, of the dutiable value
$10 001 – 30 000 $150 plus $2 for every $100, or part, by which the dutiable value exceeds $10,000
$30 001 – 75 000 $550 plus $2.50 for every $100, or part, by which the dutiable value exceeds $30,000
$75 001 – 150 000 $1 675 plus $3 for every $100, or part, by which the dutiable value exceeds $75,000
$150 001 – 225 000 $3 925 plus $3.50 for every $100, or part, by which the dutiable value exceeds $150,000
Over $225 000 $6 550 plus $4 for every $100, or part, by which the dutiable value exceeds $225 000


    Sections