Tuesday, June 27, 2017

Victorian Stamp Duty calculator reflects July 2017 change.

At this stage I can't find the actual formulas used from the 1st of July for Victorian stamp duty on the transfer of property, which makes it hard for people to estimate how much stamp duty they may be up for after the 1st of July.

I decided to use the indicative table provided by the Victorian government, The assumption I've made is within each dollar range the saving is linear.

I've now updated the Victorian Stamp Duty Calculator to provide an estimate of the stamp duty and fees on the purchase of a property. In addition I've added a handy summary to provide an estimate of deposit + stamp duty + transfer fees.

You can find the Victorian Stamp Duty Calculator at www.VictorianStampDutyCalculator.com.au.

Kelvin Eldridge

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