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).

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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.

Value of the property (including chattels) Duty payable
Not more than $3 000 $50
More than $3 000 but not more than $25 000 $50 plus $1.75 for every $100, or part, by which the dutiable value exceeds $3 000
More than $25 000 but not more than $75 000 $435 plus $2.25 for every $100, or part, by which the dutiable value exceeds $25 000
More than $75 000 but not more than $200 000 $1,560 plus $3.50 for every $100, or part, by which the dutiable value exceeds $75 000
More than $200 000 but not more than $375 000 $5,935 plus $4.00 for every $100, or part, by which the dutiable value exceeds $200 000
More than $375 000 but not more than $725 000 $12,935 plus $4.25 for every $100, or part, by which the dutiable value exceeds $375 000
More than $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 on or after 1 October 2012 and BEFORE 21 October 2013:

Value of the property (including chattels) Duty payable
Not more than $1 300 $20
More than $1 300 but not more than $25 000 $20 plus $1.75 for every $100, or part, by which the dutiable value exceeds $3 000
More than $25 000 but not more than $75 000 $435 plus $2.25 for every $100, or part, by which the dutiable value exceeds $25 000
More than $75 000 but not more than $200 000 $1,560 plus $3.50 for every $100, or part, by which the dutiable value exceeds $75 000
More than $200 000 but not more than $375 000 $5,935 plus $4.00 for every $100, or part, by which the dutiable value exceeds $200 000
More than $375 000 but not more than $725 000 $12,935 plus $4.25 for every $100, or part, by which the dutiable value exceeds $375 000
More than $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 

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.​

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Calculate duty 

Calculate property transfer duty using the Property transfer duty calculator.

 

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