All Topics / Finance / Sales Tax Exemption for first home buyers

Viewing 3 posts - 1 through 3 (of 3 total)
  • Profile photo of salmacsalmac
    Member
    @salmac
    Join Date: 2004
    Post Count: 2

    Can you tell me when the start date is for sales tax exemption for fist home buyers, I heard it starts on the 18th of march, is this right?

    Profile photo of woodsmanwoodsman
    Member
    @woodsman
    Join Date: 2004
    Post Count: 714

    I think you must mean stamp duty exemption for first home buyers in Queensland.

    Not sure of the specific date as I think QLD government trying to put it into place before-hand. Initially it was due for May 1, 2004.

    http://www.osr.qld.gov.au/taxes/duties/concession_firsthome.htm

    You need to take occupation of the property within 12 months from date of transfer and you cannot sell the land within 1 year of occupation as a home.

    James

    Profile photo of salmacsalmac
    Member
    @salmac
    Join Date: 2004
    Post Count: 2

    Thanks James that was really helpfull[:D]

Viewing 3 posts - 1 through 3 (of 3 total)

You must be logged in to reply to this topic. If you don't have an account, you can register here.