wjdw Posted May 31, 2016 Share Posted May 31, 2016 Hi, will be transferring a lot of land in June in bulks of 1.3-1.5mb purchases (multiples) i remember a few months back reading about the tax rate being reduced ? Is this still in play? I believe around 0.1% at the time. http://www.nationmultimedia.com/business/Govt-reduces-land-tax-rates-30255684.html Thanks Link to comment Share on other sites More sharing options...
ballbreaker Posted June 1, 2016 Share Posted June 1, 2016 The article you link talks about proposed changes to annual property tax rates not sale of property transfer tax rates. Transfer tax rates were reduced sometime in October 2015 but change ended on 28 April 2016. Link to comment Share on other sites More sharing options...
davehowden Posted June 14, 2016 Share Posted June 14, 2016 Can anybody tell me what the current (14/6/2016) transfer tax rate is please? Thanks. Link to comment Share on other sites More sharing options...
ballbreaker Posted June 15, 2016 Share Posted June 15, 2016 The transfer fee is 2% but there are other taxes also due at time of transfer. The contract should state who pays. The 2% transfer fee usually split between buyer/seller. All other taxes/fees should be paid by seller. Link to comment Share on other sites More sharing options...
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