Categories for Transfer Duty Exemption

State budget changes impacting WA property

18/7/2015
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2015/16 Western Australian State Budget The Western Australian State Budget was handed down on 14 May 2015. The Budget Papers are available here. Details of the new revenue measures are provided below. Amendments to the Land Tax Scale From 2015-16, the land tax scale will be revised to: apply a flat dollar amount of $300 to taxable land with an unimproved value above the exemption threshold of $300,000 and up to $420,000; increase land tax rates (except the top rate, which...

First Home Owner Grant (FHOG) for FIFO’s

12/4/2015
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Just in case you missed it, the $3000 First Home Owner Grant was removed for eligible contracts dated from and including 3 October 2015. Here’s the run down… The good news is this only affects existing residential properties. However where eligible you should still be able to attain the ‘First Home Owner Transfer Duty Concession‘ namely Nil duty for approved First Home Owners in the price $430k and under, then scaled up to normal levels up to $530k. The ‘New Homes‘ Grant of...

New First Home Buyer Rate of Duty -threshold changed

18/6/2014
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Updated 3/7/2014: The new levels of First Home Buyer Duty levels are nil for under $430k and revert to normal at $530k effective from 3 July 2014.  Royal assent was granted on 2 July 2014, so now applies to all First Home Buyer contracts dated 3 July or later. http://goo.gl/C93FBTContact A1 Conveyancing to discuss your title transaction needs. fees_after_2_july_2014_100k_-_3.4m_email.pdf Download File