You must pay stamp duty on acquisitions and transfers of dutiable property. However, only some states or territories impose stamp duty on the settlement of a trust.
The following table sets out when and where stamp duty applies across Australia.
|Stamp Duty Cost||Duty Payable Within|
|Northern Territory||$20||60 days from execution|
|Tasmania||$50||90 days from execution|
|Victoria||$200||30 days from execution|
|New South Wales||$500||90 days from execution|
|Western Australia||No stamp duty applicable|
|Queensland||No stamp duty applicable|
|South Australia||No stamp duty applicable|
|Australian Capital Territory||No stamp duty applicable|