Money Matters: What You Need to Know About Stamp Duty

Do you hate Stamp Duty payable to the State Revenue Office when properties are bought in Australia? So does Finance Expert Sarah Riegelhuth. 

Why? Well, amongst other things she says “you don’t get anything in return for it”. Here she explains how to calculate the amount of Stamp Duty payable on any property you might be considering purchasing, and gives some handy tips on minimising home-buying costs.

Please note this content is of a general nature and should be used for informational and educational interest purposes only. Please seek professional advice, in relation to your own personal circumstances, before making any financial decisions.

We’d like to know any other advice you have to share with potential property-buyers. Let us know in the comments below!

 

This post was last modified on 08/01/2016 4:56 pm

Sarah Riegelhuth: Co-founder of Gen Y financial advisory firm, Wealth Enhancers and the League of Extraordinary Women, Sarah is passionate about two things: following your dreams, and loving your money! She is an award winning financial advisor and entrepreneur, featured in a variety of media including Kochie’s Business Builders, Women’s Agenda, Money Management, Channel 7's The Morning Show and Women’s Health magazine. Sarah’s book, Get Rich Slow, was of the most popular Dymocks finance titles in 2013. She is the founder of the 8 Week Money Makeover, an online money management program designed to help everyday Australians wipe their debts and build wealth, one step at a time" Contact: editor@thecarousel.com
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