ACT Stamp Duty Calculator
This ACT stamp duty calculator will estimate the amount of stamp duty you need to pay on the purchase of a non-commercial residential investment property in ACT.
The ACT stamp duty is calculated on the total dutiable value of the property in ACT subject to the transaction. Wonder what are the current ACT stamp duty rates and thresholds? You can find the current rates and thresholds which are outlined in the Stamp Duty Threshold ACT table below.
Calculator assumptions:
(1) It assumes that the property is an established home located in ACT and the property is purchased as an investment property.
(2) It does not factor in any exemptions, concessions, or discount from the government.
(3) Rounding: The stamp duty is rounded to at least the nearer cent.
Stamp Duty ACT - Rates
Below is the table of ACT Stamp Duty rates for purchasing an established property as investment:
| Value of property | Rate of duty - transaction dates from 8 June 2016 to current |
|---|---|
| up to $200,000 | $1.20 per $100 or part thereof up to $200,000 |
| $200,001 to $300,000 | $2,400 plus $2.20 per $100 or part thereof by which the value exceeds $200,000 |
| $300,001 to $500,000 | $4,600 plus $3.40 per $100 or part thereof by which the value exceeds $300,000 |
| $500,001 to $750,000 | $11,400 plus $4.32 per $100 or part thereof by which the value exceeds $500,000 |
| $750,001 to $1,000,000 | $22,200 plus $5.90 per $100 or part thereof by which the value exceeds $750,000 |
| $1,000,001 to $1,455,000 | $36,950 plus $6.40 per $100 or part thereof by which the value exceeds $1,000,000 |
| More than $1,455,000 | A flat rate of $4.54 per $100 applied to the total transaction value |
Is Stamp Duty Tax Deductible in ACT?
Normally stamp duty is a capital cost and isn't immediately tax deductible. However properties in the ACT are commonly acquired under a 99-year crown lease. This means that preparation and registration costs like stamp duty that's incurred on the lease are deductible provided that the property is used or will be used to produce income.
According to ATO, the stamp duty you incur when you acquire a leasehold interest in property such as an Australian Capital Territory (ACT) 99-year crown lease may be claimed as a lease document expense but not as borrowing expenses.
Please note that the stamp duty deduction in ACT is only applicable in the year it was incurred (basically in the financial year of purchase).