Rates of duty
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).
The following rates and thresholds will apply to transfers of dutiable property on or after
21 October 2013
unless other provision is made by
Chapter 2 of the
Duties Act 2001.
The following rates and thresholds apply to transfers on or after
1 October 2012
BEFORE 21 October 2013:
The following rates and thresholds apply to transfers
BEFORE 1 October 2012.
Duty on goodwill and other non-real business assets was abolished on 1 July 2008.
Calculation of duty on transactions after this date will exclude the value of non-dutiable items.
Mortgage Duty was abolished from 1 July 2007.