Level 2, 1 Prowse Street West Perth WA 6005
When you purchase a property in Australia or anywhere around the world, there are numerous sorts of taxes that you pay to the government. Stamp duty is one such fee that needs to be paid within 30 days of the transaction of the asset. Being imposed by state and territories, the stamp duty fee differs depending upon the location of the property and its market value – the higher, the more.
Whether you are a sole investor or an organization, you need to go through numerous complex and multifaceted obligations mandatory to qualify for smooth operations. Added to that, stamp duty rates are not static, making it even more problematic for individuals to manage appropriately. Failing to meet the different requirements comes along with exemptions and high penalties which no- one wants to bear.
Our team of stamp duty tax advisors will help you with everything in a clear way. From Documentation to completion, we will assist you with the best of our capabilities. Have any doubts or anything to discuss regarding stamp duty advice, reach our team and make your investments fruitful in every manner.
GW Capitals are helping businesses around Perth and Western Australia with stamp tax duty obligations in the most tax effective way. We have given our services that have resulted in structuring investments using our result-oriented strategies that are streamlined around your business.
Many individuals aren’t aware of the stamp duty concessions due to a lack of understanding and end up paying more. Our Tax accountants and advisers believe in giving single-minded attention to every transaction allowing us to trace all possible concessions for our clients in a legitimate way. We closely work with our clients during the transaction acquiring process and design strategies that produce a better outcome.
Individuals can pay their stamp duties through the assistance of a solicitor that can collect money and deposit it to the department.
The stamp duty charges are different and vary from state to state. In general, the stamp duty is around 3-4% of the property purchased by the individual.
No. Stamp duties need to be paid in a single shot within 30 days and cannot be paid in instalments.
Stamp duties are needed to be paid within 30 days of purchasing a property.