Department of Treasury and Finance logo

Department of Treasury and Finance
Rates of Duty
 
Options













Duty is charged on a sliding scale (see Rates of Duty) based on the unencumbered value or the purchase price paid, whichever is the greater. The 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).

Duty Calculator
The following rates of duty apply to the transfer of dutiable property:


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

This rate applies unless other provision is made by Chapter 2 of the Duties Act 2001



Sections